Form 4 for CFBK CF BANKSHARES INC.
Accepted 2024-07-01 00:00:00 ET · period of report 2024-04-30 · accession 0001104659-24-076996 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2024-07-01 | 2024-04-30 | CFBK | Rana Sundeep | Dir | A - Grant | $0.00 | +2,675 | 6,223 | +75% | $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 | 2024-04-30 | A | A | 2,675 | $0.00 | 6,223 | 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) This amount has been reduced to reflect the pro-rata, in-kind distributions of shares of Common Stock effected by Advisors IV to its members, for no additional consideration (F3) These securities, which include (a) 836 shares of vested Common Stock and (b) 5,387 shares of Common Stock underlying restricted stock awards previously issued 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. 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. |