RICHARD A. BIANCO - 26 May 2023 Form 4 Insider Report for AmBase Corp (ABCP)

Role
CEO, Director
Signature
/s/ Richard A. Bianco
Issuer symbol
ABCP
Transactions as of
26 May 2023
Net transactions value
+$55,502,500,000
Form type
4
Filing time
30 May 2023, 13:35:43 UTC
Previous filing
09 Feb 2022
Next filing
03 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ABCP Common stock Purchase $55,502,500,000 +745,000 +85% $74500.00* 1,622,547 26 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 720,000 shares held in an Uniform Gifts to Minors Act account for the benefit of his grandchildren. Mr. R.A. Bianco 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.