Home > Insider Trading > Filing (0001019056-18-000283)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
65596	Siebert Financial Corp	SIEB	Security Brokers, Dealers & Flotation Companies (6211)	111796714

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1692471	E Gloria Gebbia	C/O Siebert Financial Corp., 120 Wall Street New York NY 10005		Yes	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value Per Share	Disposition	2018-02-02	288,537	$5.04	3,297,800	No	4	S	Direct
Common Stock, $0.01 Par Value Per Share	Disposition	2018-02-02	900,318	$5.04	4,349,494	No	4	S	Indirect	By family
Common Stock, $0.01 Par Value Per Share	Disposition	2018-02-02	70,000	$5.04	12,917,283	No	4	S	Indirect	By KCA

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	By family
No	4	S	Indirect	By KCA

Footnotes

Pursuant to a Common Stock Purchase Agreement dated January 31, 2018, on February 2, 2018, the Reporting Person and certain members of the Reporting Person's family sold Issuer common stock in a private transaction. The Reporting Person may be deemed to be the indirect beneficial owner of a total of 4,349,494 shares of Issuer common stock owned by a family trust and certain family members. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.
Pursuant to a Securities Purchase Agreement dated January 31, 2018, on February 2, 2018, Kennedy Cabot Acquisition, LLC ("KCA") sold 70,000 shares of Issuer common stock in a private transaction. The Reporting Person is the Managing Member of KCA and may be deemed to be the indirect beneficial owner of 12,917,283 shares of Issuer common stock directly owned by KCA. The Reporting Person disclaims beneficial ownership of the shares of Issuer common stock owned by KCA, except to the extent of the Reporting Person's pecuniary interest therein.