Ray Michael Bibisi - Jan 10, 2025 Form 4 Insider Report for R F INDUSTRIES LTD (RFIL)

Role
President and COO
Signature
/s/ Ray Michael Bibisi
Stock symbol
RFIL
Transactions as of
Jan 10, 2025
Transactions value $
-$4,185
Form type
4
Date filed
1/14/2025, 07:20 PM
Previous filing
Oct 15, 2024
Next filing
Apr 14, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RFIL Common Stock Tax liability -$4.19K -1.09K -2.88% $3.83 36.9K Jan 10, 2025 Direct F1
transaction RFIL Common Stock Award $0 +15.6K +42.37% $0.00 52.5K Jan 13, 2025 Direct F2

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 RFIL Stock Option (Right to Buy) Award $0 +31.3K $0.00 31.3K Jan 13, 2025 Common Stock 31.3K $4.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number shares in Column 4 represents tax withholding in connection with restricted stock vesting on January 10, 2025, January 11, 2025 and January 12, 2025.
F2 On January 13, 2025, the Board of Directors of the Issuer granted the Reporting Person restricted stock units ("RSUs" ) of Issuer. Provided the Reporting Person is still employed with the Issuer or its subsidiaries on the following dates, the RSUs shall vest over four years as follows: (i) one-quarter of the RSUs shall vest on January 13, 2026; and (ii) the remaining RSUs shall vest in twelve equal quarterly installments over the next three years, commencing with the first quarter following January 13, 2026
F3 On January 13, 2025, the Board of Directors of the Issuer granted the Reporting Person options to purchase the common stock of Issuer. Provided the Reporting Person is still employed with the Issuer or its subsidiaries on the following dates, the options shall vest over four years as follows: (i) one-quarter of the options shall vest on January 13, 2026; and (ii) the remaining options shall vest in twelve equal quarterly installments over the next three years, commencing with the first quarter following January 13, 2026.