RAND CAPITAL CORP — Director's Dealing 2012

Jan 11, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAND CAPITAL CORP (RAND)
CIK: 0000081955
Period of Report: 2012-01-09

Reporting Person: NEWMAN REGINALD B II (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-09	Common Stock	G	36594	—	Disposed	252210	Direct
2012-01-10	Common Stock	G	9500	—	Disposed	242710	Direct

Footnotes

F1: Transaction voluntarily reported earlier than required