THOMAS J. /. KELLEHER - 08 Feb 2023 Form 4 Insider Report for B. Riley Financial, Inc. (RILY)

Role
Co-CEO
Signature
/s/ Thomas J. Kelleher
Issuer symbol
RILY
Transactions as of
08 Feb 2023
Net transactions value
$0
Form type
4
Filing time
10 Feb 2023, 15:05:27 UTC
Previous filing
14 Feb 2023
Next filing
28 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RILY Common Stock Options Exercise +150,000 +47% 470,205 08 Feb 2023 Direct F1
holding RILY Common Stock 29,300 08 Feb 2023 See note F2
holding RILY Common Stock 459,848 08 Feb 2023 See note F3
holding RILY Common Stock 5,600 08 Feb 2023 By wife F4
holding RILY Common Stock 1,293 08 Feb 2023 By daughter F5
holding RILY Common Stock 1,293 08 Feb 2023 By daughter F6
holding RILY Common Stock 1,293 08 Feb 2023 By daughter F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RILY Performance Restricted Stock Units Options Exercise $0 -150,000 -100% $0.000000* 0 08 Feb 2023 Common Stock 150,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance restricted stock unit represented the right to receive a share of Common Stock following the Issuer achieving a certain Total Shareholder Return within three (3) years of the grant date.
F2 Held by self-directed IRA: Thomas John Kelleher IRA.
F3 Held of record by Thomas J. Kelleher and wife as Trustees for the Kelleher Family Trust.
F4 Held with dispositive power for a daughter.
F5 Held with dispositive power for a daughter.
F6 Held with dispositive power for a daughter.
F7 Held with dispositive power for a daughter.