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ARK RESTAURANTS CORP Director's Dealing 2022

Jun 28, 2022

34844_dirs_2022-06-28_7e8288e8-4d95-4f52-a672-665f1d0c82f3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARK RESTAURANTS CORP (ARKR)
CIK: 0000779544
Period of Report: 2022-06-24

Reporting Person: SATTERFIELD THOMAS A JR (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-06-24 Common Stock P 5500 $16.73 Acquired 37000 Direct
2022-06-24 Common Stock P 1000 $16.32 Acquired 1000 Indirect
2022-06-24 Common Stock P 10313 $17.67 Acquired 75476 Indirect
2022-06-27 Common Stock P 8707 $18.21 Acquired 84183 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 35000 Indirect
Common Stock 137000 Indirect
Common Stock 121000 Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $16.33 to $17.50. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2: Includes 7,000 shares held jointly with the reporting person's spouse.

F3: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $17.11 to $17.79. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F4: The reporting person has been granted limited powers of attorney to exercise voting and dispositive power with respect to the securities held by the parties set forth in footnote 6.

F5: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $17.67 to $18.28. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F6: The reporting person has been granted limited powers of attorney to exercise voting and dispositive power with respect to the securities held by the following parties: the reporting person's father (15,000 shares); the reporting person's brother (7,133 shares); the reporting person's sister (25,000 shares); the reporting person's brother-in-law (8,000 shares); Rita Phifer (5,000 shares); the reporting person's second brother-in-law (2,500 shares); the reporting person's nephew (600 shares); a trust for the reporting person's granddaughter (1,450 shares); a trust for the reporting person's second granddaughter (500 shares); the reporting person's step-sister (2,500 shares); the reporting person's second step-sister (1,500 shares); the reporting person's third step-sister and spouse (3,000 shares); the reporting person's fourth step-sister and spouse (4,000 shares); and the reporting person's fifth step-sister and spouse (3,000 shares).

F7: The reporting person controls the general partner of the partnership that owns the reported securities.