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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 6/12/20 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 729580 |
| Issuer Name: BEL FUSE INC /NJ |
| Issuer Trading Symbol: BELFB |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1007789 |
| | Owner Name: BERNSTEIN DANIEL |
| Reporting Owner Address: |
| | Owner Street 1: C/O BEL FUSE INC |
| | Owner Street 2: 206 VAN VORST STREET |
| | Owner City: JERSEY CITY |
| | Owner State: NJ |
| | Owner ZIP Code: 07302 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President and CEO |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Class B Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 16,075 |
| Footnote ID: F4 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Class B Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 59,052 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| Footnote ID: F1 |
| | | Nature of Ownership: |
| Value: By limited liability company |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Class B Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 10,612 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By 401(k) plan |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class B Common Stock |
| | Transaction Date: |
| | | Value: 6/12/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 55,939 |
| Footnote ID: F5 |
| | | Transaction Price Per Share: |
| Value: 9.54 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| Footnote ID: F3 |
| | | Nature of Ownership: |
| Value: By trust |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Class B Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 4,265 |
| Footnote ID: F4 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By wife |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 376,095 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 3,735 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By 401(k) plan |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 6/12/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: P |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 55,074 |
| Footnote ID: F5 |
| | | Transaction Price Per Share: |
| Value: 9.69 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 55,074 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| Footnote ID: F3 |
| | | Nature of Ownership: |
| Value: By trust |
Derivative Table: |
Footnotes: |
| Footnote - F1: These shares are owned by a family limited liability company of which Mr. Bernstein and his children are members. |
| Footnote - F2: The number of shares held in the 401(k) Plan is estimated. |
| Footnote - F3: These shares are owned by a trust of which Mr. Bernstein is the beneficiary. |
| Footnote - F4: Includes an immaterial amount of shares received as gifts. |
| Footnote - F5: In two private exchanges, a trust, of which Mr. Bernstein is the beneficiary, exchanged a total of 55,939 shares of Class B Common Stock with an aggregate value of $533,658.06 plus $9.00 in cash (resulting in an aggregate value of $533,667.06), for a total of 55,074 shares of Class A Common Stock with an aggregate value of $533,667.06. |
Owner Signature: |
| Signature Name: /s/ Peter H. Ehrenberg, Attorney-in-Fact |
| Signature Date: 6/16/20 |