RAND CAPITAL CORP — Director's Dealing 2014

Aug 20, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAND CAPITAL CORP (RAND)
CIK: 0000081955
Period of Report: 2014-08-18

Reporting Person: Utility Service Holding Co., Inc. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-18	Common Stock	P	15600	$2.9991	Acquired	802192	Direct
2014-08-19	Common Stock	P	400000	$3.02	Acquired	1202192	Direct
2014-08-20	Common Stock	P	36500	$3.0262	Acquired	1238692	Direct