SIEBERT FINANCIAL CORP — Director's Dealing 2017

Dec 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIEBERT FINANCIAL CORP (SIEB)
CIK: 0000065596
Period of Report: 2017-12-22

Reporting Person: Gebbia Gloria E (Director, 10% Owner, 10% Owner(1)(2))

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-22	Common Stock, $0.01 par value per share	J	2292800	—	Acquired	2292800	Direct
2017-12-22	Common Stock, $0.01 par value per share	J	5000000	—	Disposed	16117220	Indirect

Footnotes

F1: Effective December 22, 2017, KCA completed a distribution to its members, pro-rata without consideration, of 5,000,000 shares of Issuer common stock. In addition, the reporting person gifted 157,000 of the shares received from KCA. Following the distribution and gifts, the reporting person had direct ownership of 2,292,800 shares of Issuer common stock. Gloria E. Gebbia is the managing member of Kennedy Cabot Acquisition, LLC ("KCA") and therefore may be deemed to be the indirect beneficial owner of 16,142,220 shares of Issuer common stock directly owned by KCA. Cont'd in Footnote 2.

F2: Footnote 1 cont'd - The Reporting Person is a director of and has an ownership interest in StockCross Financial Services, Inc. ("StockCross") and may be deemed to share indirect beneficial ownership of 136,537 shares of Issuer common stock owned by StockCross. In addition, the Reporting Person may be deemed to share indirect beneficial ownership of 1,018,400 shares of Issuer common stock held by various members of the Gebbia family. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of her pecuniary interest therein.