LAWNDALE CAPITAL MANAGEMENT LLC 4
4 · P&F INDUSTRIES INC · Filed Feb 4, 2021
Insider Transaction Report
Form 4
LAWNDALE CAPITAL MANAGEMENT LLC
10% Owner
Transactions
- Sale
Common Stock
2021-02-03$6.41/sh−1,200$7,688→ 345,829 total(indirect: See note 1) - Sale
Common Stock
2021-02-04$6.69/sh−10,240$68,527→ 335,589 total(indirect: See Note 1) - Sale
Common Stock
2021-02-02$6.00/sh−55,000$330,000→ 347,029 total(indirect: See Note 1)
Holdings
- 19,105
Common Stock
Footnotes (4)
- [F1]Lawndale Capital Management LLC ("Lawndale") is the investment adviser and general partner of Diamond A Partners, L. P. ("DAP"). Andrew E. Shapiro is Lawndale's manager and controlling owner. These securities are held directly by DAP for the benefit of its investors. The securities may be deemed to be beneficially owned by Lawndale as the investment adviser and general partner of DAP and by Mr. Shapiro as the control person of Lawndale. Each of Lawndale and Mr. Shapiro disclaims beneficial ownership of such securities except to the extent of that person's pecuniary interest therein. This Form 4 is being filed on behalf of Lawndale and Mr. Shapiro, and Mr. Shapiro is executing it individually and as manager of Lawndale.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.40 to $6.44, inclusive. The reporting persons undertake to provide to P&F Industries Inc., any security holder of P&F Industries 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.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.54 to $6.74, inclusive.
- [F4]Mr. Shapiro holds these securities directly.