X0306 4 2019-12-30 0 0001096934 ENTERPRISE DIVERSIFIED, INC. SYTE 0001633986 Kiel Steven L 15 EAST 67TH STREET 6TH FLOOR NEW YORK NY 10065 1 1 1 0 Executive Chairman Common Stock 2019-12-30 4 P 0 21870 4.57 A 32198 D Common Stock 683309 I See note Reflects 683,309 shares owned by Arquitos Capital Offshore Master, Ltd. (the "Arquitos Fund"). Arquitos Capital Management LLC acts in the capacity as general partner to the Arquitos Fund. Steven L. Kiel is the Managing Member of Arquitos Capital Management LLC and is deemed to have beneficial ownership over the Common Stock owned by the Arquitos Fund. Steven L. Kiel 2019-12-30