BIANCO RICHARD A 4
4 · AmBase Corp · Filed Aug 3, 2023
Insider Transaction Report
Form 4
AmBase Corpabcp
BIANCO RICHARD A
DirectorChairman, President and CEO
Transactions
- Gift
Common stock
2023-08-01−700,000→ 202,547 total - Gift
Common stock
2023-08-01+700,000→ 1,420,000 total(indirect: BY UGMA)
Footnotes (2)
- [F1]On August 1, 2023, the reporting person gifted 700,000 shares to a Uniform Gift to Minors Act Account for the benefit of his grandchildren. The reporting person retains voting control of the shares. Pursuant to Rule 13d-4, the reporting person disclaims beneficial ownership of the transferred shares to the extent he does not have a pecuniary interest in such shares.
- [F2]Includes 1,420,000 shares held in a Uniform Gift to Minors Act Account for the benefit of the reporting person grandchildren. The reporting person retains voting control of the shares, but pursuant to Rule 13d-4, he disclaims beneficial ownership of the shares to the extent he does not have a pecuniary interest in such shares.