SEC Form 4 · accession 0001567619-18-005395
BEL FUSE INC /NJ · BELFB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Ackerman
Officer — Vice President - Operations
Period of report
Nov 6, 2018
Accepted (ET)
Nov 8, 2018 · 2:58 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 StockF2 | Nov 6, 2018 | S | 1,642 | $25.7352 | D | 10,858 | D | |
| Class B Common StockF3 | Nov 7, 2018 | S | 858 | $24.8687 | D | 10,000 | D | |
| Class B Common StockF1 | holding | — | — | — | 6,095 | I | By 401(k) Plan | |
| Class A Common StockF1 | holding | — | — | — | 1,688 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The number of shares held in the 401(k) Plan is estimated.
- F2This price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within a price range of $25.00 to $26.22, 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 ranges set forth in footnotes (2) and (3) to this Form 4.
- F3This price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.78 to $25.35, inclusive.