ROBERT ROBOTTI - 28 Sep 2023 Form 4 Insider Report for AMREP CORP. (AXR)

Role
Director
Signature
/s/ Robert E. Robotti
Issuer symbol
AXR
Transactions as of
28 Sep 2023
Transactions value $
$34,422
Form type
4
Filing time
02 Oct 2023, 17:38:18 UTC
Previous filing
11 Sep 2023
Next filing
03 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $17,044 +1,037 +0.36% $16.44 287,542 28 Sep 2023 See Footnote F1, F7
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $10,436 +635 +0.22% $16.44 288,177 28 Sep 2023 See Footnote F2, F7
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $737 +45 +0.02% $16.39 288,222 29 Sep 2023 See Footnote F3, F7
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $442 +27 +0.01% $16.39 288,249 29 Sep 2023 See Footnote F4, F7
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $3,578 +218 +0.08% $16.41 288,467 02 Oct 2023 See Footnote F5, F7
transaction AXR Common Stock, $0.001 Par Value Per Share Purchase $2,183 +133 +0.05% $16.41 288,600 02 Oct 2023 See Footnote F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount includes 157,673 shares of the Common Stock, $0.10 par value (the "Common Stock") directly owned by The Ravenswood Investment Company, LP ("RIC") and 129,869 shares of the Common Stock directly owned by Ravenswood Investments III, L.P. ("RI").
F2 This amount includes 157,673 shares of the Common Stock, directly owned by RIC and 130,504 shares of the Common Stock directly owned by RI.
F3 This amount includes 157,718 shares of the Common Stock, directly owned by RIC and 130,504 shares of the Common Stock directly owned by RI.
F4 This amount includes 157,718 shares of the Common Stock, directly owned by RIC and 130,531 shares of the Common Stock directly owned by RI.
F5 This amount includes 157,936 shares of the Common Stock, directly owned by RIC and 130,531 shares of the Common Stock directly owned by RI.
F6 This amount includes 157,936 shares of the Common Stock, directly owned by RIC and 130,664 shares of the Common Stock directly owned by RI.
F7 Mr. Robotti may be deemed to beneficially own (solely for the purpose of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended ("Exchange Act")) certain of the shares of Common Stock set forth in this Form 4 as managing member of Ravenswood Management Company, L.L.C., which serves as the general partner of RIC and RI. Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of any pecuniary interest therein, if any.