RAND CAPITAL CORP — Director's Dealing 2011

Jan 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAND CAPITAL CORP (RAND)
CIK: 0000081955
Period of Report: 2011-01-04

Reporting Person: NEWMAN REGINALD B II (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-04	Common Stock	G	41403	—	Disposed	288804	Direct

Footnotes

F1: Transaction voluntarily reported earlier than required.