0001157523-20-000009.txt : 20200103 0001157523-20-000009.hdr.sgml : 20200103 20200103205224 ACCESSION NUMBER: 0001157523-20-000009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200101 FILED AS OF DATE: 20200103 DATE AS OF CHANGE: 20200103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gebbia Gloria E CENTRAL INDEX KEY: 0001692471 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-05703 FILM NUMBER: 20507872 MAIL ADDRESS: STREET 1: C/O GUSRAE KAPLAN NUSBAUM PLLC STREET 2: 120 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10005 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SIEBERT FINANCIAL CORP CENTRAL INDEX KEY: 0000065596 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 111796714 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 120 WALL STREET STREET 2: 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 BUSINESS PHONE: 212-644-2400 MAIL ADDRESS: STREET 1: 120 WALL STREET STREET 2: 25TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10005 FORMER COMPANY: FORMER CONFORMED NAME: MICHAELS J INC DATE OF NAME CHANGE: 19950221 4 1 form4.xml SIEBERT FINANCIAL CORP. FORM 4 (GLORIA E. GEBBIA) X0306 4 2020-01-01 0000065596 SIEBERT FINANCIAL CORP SIEB 0001692471 Gebbia Gloria E C/O SIEBERT FINANCIAL CORP. 120 WALL STREET NEW YORK NY 10005 true true true MEMBER OF 10% OWNER GROUP Common Stock, $0.01 par value per share 2020-01-01 2020-01-01 4 J 0 269865 9.02 A 7928365 D Common Stock, $0.01 par value per share 2020-01-01 2020-01-01 4 J 0 2276907 9.02 A 8178101 I By family Common Stock, $0.01 par value per share 3527283 I By KCA Pursuant to the terms of an Agreement and Plan of Merger, effective as of January 1, 2020, by and between Siebert Financial Corp. (the "Issuer), StockCross Financial Services, Inc. ("StockCross") and the shareholders of StockCross (the "Merger Agreement"), the Issuer issued the Reporting Person a total of 269,865 shares of Issuer restricted common stock, valued at $9.02 per share, in exchange for all of the shares of common stock of StockCross owned by the Reporting Person. Pursuant to the Merger Agreement, the Issuer issued 2,276,907 shares of Issuer restricted common stock, to various family members of the Reporting Person, valued at $9.02 per share, in exchange for all of the shares of StockCross common stock owned by such family members. The Reporting Person may be deemed to be the indirect beneficial owner of a total of 8,178,101 shares of Issuer common stock owned by family trusts 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. The Reporting Person is the Managing Member of KCA and may be deemed to be the indirect beneficial owner of 3,527,283 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. /s/ Gloria E. Gebbia 2020-01-03