SEC Form 4 · accession 0001140361-16-086775
BEL FUSE INC /NJ · BELFB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Bernstein
Officer — President and CEO · Director
Period of report
Nov 15, 2016
Accepted (ET)
Nov 15, 2016 · 3:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000729580
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF4 | Nov 15, 2016 | A | 12,000 | $0.00 | A | 18,000 | D | |
| Class B Common StockF1 | holding | — | — | — | 59,052 | I | By limited liability company | |
| Class B Common StockF2 | holding | — | — | — | 10,047 | I | By 401(k) plan | |
| Class B Common StockF3 | holding | — | — | — | 55,939 | I | By trust | |
| Class A Common Stock | holding | — | — | — | 351,621 | D | ||
| Class A Common StockF2 | holding | — | — | — | 1,583 | I | By 401(k) plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are owned by a family limited liability company of which Mr. Bernstein and his children are members.
- F2The number of shares held in the 401(k) Plan is estimated.
- F3These shares are owned by a trust of which Mr. Bernstein is the beneficiary.
- F4Mr. Bernstein was granted 12,000 restricted shares of Class B Common Stock on November 15, 2016. The restricted shares vest as follows: 3,000 shares vest as of November 15, 2018; 3,000 shares vest as of November 15, 2019; 3,000 shares vest as of November 15, 2020; and 3,000 shares vest as of November 15, 2021.