AMREP CORP. — Director's Dealing 2023

Oct 23, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMREP CORP. (AXR)
CIK: 0000006207
Period of Report: 2023-10-19

Reporting Person: ROBOTTI ROBERT (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-19	Common Stock, $0.001 Par Value Per Share	P	259	$16.4928	Acquired	320633	Indirect
2023-10-19	Common Stock, $0.001 Par Value Per Share	P	158	$16.4928	Acquired	320791	Indirect
2023-10-20	Common Stock, $0.001 Par Value Per Share	P	1173	$16.4826	Acquired	321964	Indirect
2023-10-20	Common Stock, $0.001 Par Value Per Share	P	719	$16.4826	Acquired	322683	Indirect
2023-10-23	Common Stock, $0.001 Par Value Per Share	P	671	$16.478	Acquired	323354	Indirect
2023-10-23	Common Stock, $0.001 Par Value Per Share	P	412	$16.478	Acquired	323766	Indirect

Footnotes

F1: This amount includes 177,894 shares of the Common Stock, $0.10 par value (the "Common Stock") directly owned by The Ravenswood Investment Company, LP ("RIC") and 142,739 shares of the Common Stock directly owned by Ravenswood Investments III, L.P.

F2: This amount includes 177,894 shares of the Common Stock, directly owned by RIC and 142,897 shares of the Common Stock directly owned by RI.

F3: This amount includes 179,067 shares of the Common Stock, directly owned by RIC and 142,897 shares of the Common Stock directly owned by RI.

F4: This amount includes 179,067 shares of the Common Stock, directly owned by RIC and 143,616 shares of the Common Stock directly owned by RI.

F5: This amount includes 179,738 shares of the Common Stock, directly owned by RIC and 143,616 shares of the Common Stock directly owned by RI.

F6: This amount includes 179,738 shares of the Common Stock, directly owned by RIC and 144,028 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.