Filing Details

Accession Number:
0001193125-23-059419
Form Type:
13D Filing
Publication Date:
2023-03-02 19:00:00
Filed By:
Bennett Christopher Finch
Company:
Bel Fuse Inc (NASDAQ:BELFB)
Filing Date:
2023-03-03
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Christopher F. Bennett 128,739 0 128,739 0 128,739 6.0%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment 1)*

 

 

Bel Fuse Inc.

(Name of Issuer)

Class A Common Stock, par value $0.10 per share

(Title of Class of Securities)

077347201

(CUSIP Number)

Christopher F. Bennett

30 Chatham Road

P.O. Box 216

Short Hills, New Jersey 07078

(610) 564-6801

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

February 23, 2023

(Date of Event which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box  ☐.

 

 

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.

 

 

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


SCHEDULE 13D/A

CUSIP No. 077347201

 

  (1)    

  NAME OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

 

  Christopher F. Bennett

  (2)  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

  (a)  ☐        (b)  ☐

 

  (3)  

  SEC USE ONLY

 

  (4)  

  SOURCE OF FUNDS

 

  OO

  (5)  

  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

  ☐

  (6)  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States of America

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     (7)     

  SOLE VOTING POWER

 

  128,739

     (8)   

  SHARED VOTING POWER

 

  0

     (9)   

  SOLE DISPOSITIVE POWER

 

  128,739

   (10)   

  SHARED DISPOSITIVE POWER

 

  0

(11)    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  128,739

(12)  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

 

  ☐

(13)  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  6.0%

(14)  

  TYPE OF REPORTING PERSON

 

  IN


The following constitutes Amendment No. 1 to the Schedule 13D filed by the undersigned (Amendment No. 1). This Amendment No. 1 amends the Schedule 13D as specifically set forth herein.

Item 3. Source and Amount of Funds or Other Consideration.

Item 3 is hereby amended and restated as follows:

The Reporting Person has used personal funds (approximately $3,090,962) to purchase the Shares.

The shares of Common Stock held by the Reporting Person are held in margin accounts together with other securities. Such margin accounts may from time to time have debit balances.

Item 5. Interest in Securities of the Issuer.

Items 5(a) (c) are hereby amended and restated as follows:

(a) As of March 2, 2023, the Reporting Persons may be deemed to beneficially own, in the aggregate, 128,739 shares of Common Stock, representing approximately 6.0% of the Issuers outstanding shares of Common Stock, based on 2,141,589 shares of Common Stock outstanding as of November 1, 2022, as disclosed by the Issuer in its Form 10-Q for the quarterly period ended September 30, 2022.

(b) The Reporting Person has sole voting and sole dispositive power with regard to 128,739 shares of Common Stock.

(c) The following table sets forth all transactions with respect to the shares of Common Stock effected during the past sixty (60) days by any of the Reporting Persons. Except as otherwise noted below, all such transactions were purchases of shares of Common Stock effected in the open market, and the table includes commissions paid in per share prices.

 

Name of Reporting Person

   Date of Transaction      Number of Securities      Price Per Share ($)  

Christopher F. Bennett

     2/23/23        2,116      $ 41.00

Christopher F. Bennett

     2/22/23        384    $ 41.00

Christopher F. Bennett

     2/14/23        5,000    $ 40.50

Christopher F. Bennett

     1/13/23        7    $ 33.10

Christopher F. Bennett

     1/11/23        953    $ 33.18

Christopher F. Bennett

     1/10/23        2,102    $ 32.98

Christopher F. Bennett

     12/13/22        4,256    $ 34.58

Christopher F. Bennett

     12/12/22        6,544    $ 33.77

SIGNATURE

After reasonable inquiry and to the best of each of the undersigned knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

Dated: March 3, 2023

 

/s/ Christopher F. Bennett

Christopher F. Bennett