0001209191-23-046784.txt : 20230821
0001209191-23-046784.hdr.sgml : 20230821
20230821182031
ACCESSION NUMBER: 0001209191-23-046784
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230817
FILED AS OF DATE: 20230821
DATE AS OF CHANGE: 20230821
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SATTERFIELD THOMAS A JR
CENTRAL INDEX KEY: 0001132317
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-05620
FILM NUMBER: 231190505
MAIL ADDRESS:
STREET 1: 2609 CALDWELL MILL LN
CITY: BIRMINGHAM
STATE: AL
ZIP: 35243
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SAFEGUARD SCIENTIFICS INC
CENTRAL INDEX KEY: 0000086115
STANDARD INDUSTRIAL CLASSIFICATION: INVESTORS, NEC [6799]
IRS NUMBER: 231609753
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 150 NORTH RADNOR-CHESTER ROAD
STREET 2: SUITE F-200
CITY: RADNOR
STATE: PA
ZIP: 19087
BUSINESS PHONE: 610 293 0600
MAIL ADDRESS:
STREET 1: 150 NORTH RADNOR-CHESTER ROAD
STREET 2: SUITE F-200
CITY: RADNOR
STATE: PA
ZIP: 19087
FORMER COMPANY:
FORMER CONFORMED NAME: SAFEGUARD INDUSTRIES INC
DATE OF NAME CHANGE: 19810525
FORMER COMPANY:
FORMER CONFORMED NAME: SAFEGUARD CORP
DATE OF NAME CHANGE: 19690521
4
1
doc4.xml
FORM 4 SUBMISSION
X0508
4
2023-08-17
0
0000086115
SAFEGUARD SCIENTIFICS INC
SFE
0001132317
SATTERFIELD THOMAS A JR
15 COLLEY COVE DRIVE
GULF BREEZE
FL
32561
0
0
1
0
0
Common Stock
2023-08-17
4
P
0
229000
1.18
A
475000
D
Common Stock
2023-08-17
4
P
0
15000
1.19
A
25000
I
By spouse
Common Stock
2023-08-17
4
S
0
124196
1.18
D
382899
I
By A.G. Family L.P.
Common Stock
2023-08-17
4
S
0
117000
1.17
D
258055
I
By family members and related entities
Common Stock
2023-08-18
4
P
0
50000
1.17
A
525000
D
Common Stock
2023-08-18
4
S
0
22899
1.17
D
360000
I
By A.G. Family L.P.
Common Stock
250000
I
By Tomsat Investment & Trading Co., Inc.
Common Stock
671671
I
By Caldwell Mill Opportunity Fund
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.16 to $1.20. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Includes 100,000 shares held jointly with the reporting person's spouse.
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.18 to $1.20. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.17 to $1.20. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reporting person controls the general partner of the partnership that owns the reported securities.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.17 to $1.19. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reporting person has been granted limited powers of attorney to exercise voting and dispositive power with respect to the securities held by the following parties: Satterfield Vintage Investments LP (50,000 shares); the reporting person's father (100,000 shares); the reporting person's sister (16,500 shares); the reporting person's brother-in-law (15,000 shares); the reporting person's second brother-in-law (7,500 shares); the reporting person's daughter (2,000 shares); a trust for the reporting person's granddaughter (2,500 shares); a trust for the reporting person's second granddaughter (1,000 shares); Riachuello Ranch LLC (1,000 shares); the reporting person's step-sister (4,000 shares); the reporting person's second step-sister (2,000 shares);
(Continued from footnote 7) and the reporting person's third step-sister and spouse (16,000 shares). The reporting person's prior power of attorney over the 31,555 shares held by his brother was terminated. The reporting person's limited powers of attorney over the 40,555 shares for the reporting person's step-brother and his spouse, which were held via a limited partnership, remained in place; however, the shares were transferred directly to his step-brother and spouse from the limited partnership and no longer fall under the scope of the power of attorney.
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.17 to $1.18. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Includes 125,000 shares held jointly with the reporting person's spouse.
Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities included herein in excess of the reporting person's pecuniary interest in such equity securities.
/s/ Thomas A. Satterfield, Jr.
2023-08-21