SIEBERT FINANCIAL CORP — Director's Dealing 2018

Feb 16, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIEBERT FINANCIAL CORP (SIEB)
CIK: 0000065596
Period of Report: 2018-02-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-14	Common Stock, $0.01 par value per share	J	4410000	—	Acquired	7707800	Direct
2018-02-14	Common Stock, $0.01 par value per share	J	900318	—	Acquired	5879494	Indirect
2018-02-14	Common Stock, $0.01 par value per share	J	9090000	—	Disposed	3827283	Indirect

Footnotes

F1: Effective February 14, 2018, Kennedy Cabot Acquisition, LLC ("KCA") completed a distribution to its members, pro-rata without consideration, of 9,090,000 shares of Issuer common stock (the "Distribution"). The Reporting Person received 4,410,000 shares based upon her ownership of KCA class A member interests.

F2: Certain members of the Reporting Person's family received a total of 1,530,000 shares of Issuer common stock in the Distribution. The Reporting Person may be deemed to be the indirect beneficial owner of a total of 5,879,494 shares of Issuer common stock owned by a family trust and certain family members. The Reporting Person disclaims beneficial ownership of such shares of Issuer common stock, except to the extent of the Reporting Person's pecuniary interest therein.

F3: The Reporting Person is the Managing Member of KCA and may be deemed to be the indirect beneficial owner of 3,827,283 shares of Issuer common stock directly owned by KCA. The Reporting Person disclaims beneficial ownership of the shares of Issuer common stock owned by KCA, except to the extent of the Reporting Person's pecuniary interest therein.