SEC Form 4 · accession 0001140361-17-042273
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 9, 2017
Accepted (ET)
Nov 13, 2017 · 7:52 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 9, 2017 | S | 3,000 | $24.6149 | D | 15,000 | 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 | — | — | — | 2,010 | 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within a price range of $23.80 to $25.80, inclusive. The reporting person undertakes to provide to Bel Fuse Inc., any security holder of Bel Fuse Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.