Form 4 for CFBK CF BANKSHARES INC.

Accepted 2023-01-27 00:00:00 ET · period of report 2022-05-25 · accession 0001104659-23-007648 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
MI	2023-01-27	2022-05-25+	CFBK	Rana Sundeep	Dir	A - Grant	$0.00	+5,322	5,322	New	$0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock 12520L 109	2022-05-25	A	A	2,508	$0.00	2,508	I See Footnote	—	—	(F1) Represents shares of common stock underlying restricted stock awards granted under the Central Federal Corporation 2019 Equity Incentive Plan, which were issued to Castle Creek Advisors IV LLC ("Advisors IV"), on behalf of Sundeep Rana in his capacity as a member of the Board of Directors of the issuer, and which are subject to vesting over a three-year period. (F2) These securities, which include unvested restricted stock awards previously granted to Advisors IV on behalf of Sundeep Rana in his capacity as a member of the Board of Directors of the issuer are held directly by Advisors IV. Excluded from the securities reflected in Table I are securities previously granted to Advisors IV on behalf of John Pietrzak, who previously served as a member of the Board of Directors of the issuer as a representative of Castle Creek Capital Partners VII, LP. The reporting person disclaims beneficial ownership of all of the securities held by Advisors IV, except to the extent of his respective pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
2	Common	Common Stock 12520L 109	2023-01-25	A	A	2,814	$0.00	5,322	I See Footnote	—	—	(F3) Represents shares of common stock underlying restricted stock awards granted under the Central Federal Corporation 2019 Equity Incentive Plan, which were issued to Advisors IV on behalf of Sundeep Rana in his capacity as a member of the Board of Directors of the issuer, and which are subject to vesting over a three-year period. (F2) These securities, which include unvested restricted stock awards previously granted to Advisors IV on behalf of Sundeep Rana in his capacity as a member of the Board of Directors of the issuer are held directly by Advisors IV. Excluded from the securities reflected in Table I are securities previously granted to Advisors IV on behalf of John Pietrzak, who previously served as a member of the Board of Directors of the issuer as a representative of Castle Creek Capital Partners VII, LP. The reporting person disclaims beneficial ownership of all of the securities held by Advisors IV, except to the extent of his respective pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.