<SEC-DOCUMENT>0001437749-21-008592.txt : 20210408
<SEC-HEADER>0001437749-21-008592.hdr.sgml : 20210408
<ACCEPTANCE-DATETIME>20210408172254
ACCESSION NUMBER:		0001437749-21-008592
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20210408
DATE AS OF CHANGE:		20210408

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BEL FUSE INC /NJ
		CENTRAL INDEX KEY:			0000729580
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC COILS, TRANSFORMERS & OTHER INDUCTORS [3677]
		IRS NUMBER:				221463699
		STATE OF INCORPORATION:			NJ
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-35742
		FILM NUMBER:		21815740

	BUSINESS ADDRESS:	
		STREET 1:		206 VAN VORST ST.
		CITY:			JERSEY CITY
		STATE:			NJ
		ZIP:			07302
		BUSINESS PHONE:		2014320463

	MAIL ADDRESS:	
		STREET 1:		206 VAN VORST ST.
		CITY:			JERSEY CITY
		STATE:			NJ
		ZIP:			07302

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BERNSTEIN DANIEL
		CENTRAL INDEX KEY:			0001007789

	FILING VALUES:
		FORM TYPE:		SC 13D/A
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>bernstein20210408_sc13da.htm
<DESCRIPTION>SCHEDULE 13D/A
<TEXT>
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<p style="font-family:Times New Roman;font-size:12pt;font-variant:normal;text-align:center;margin:0pt;"><b>UNITED STATES</b></p>

<p style="font-family:Times New Roman;font-size:12pt;font-variant:normal;text-align:center;margin:0pt;"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Washington, D.C. 20549</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:12pt;font-variant:normal;text-align:center;margin:0pt;"><b>SCHEDULE 13D</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Under the Securities Exchange Act of 1934</b><br>
<b>(Amendment No. 2)*</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;margin-left:auto;margin-right:auto;">

		<tr>
			<td style="border-bottom:solid 1px #000000;vertical-align:top;width:103%;">
			<p style="font-family:Times New Roman;font-size:12pt;font-variant:normal;text-align:center;margin:0pt;"><b>Bel Fuse Inc.</b></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:103%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">(Name of Issuer)</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:103%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="border-bottom:solid 1px #000000;vertical-align:top;width:103%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Class A Common Stock, par value $0.10 per share</b></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:103%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">(Title of Class of Securities)</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:103%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="border-bottom:solid 1px #000000;vertical-align:top;width:103%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>077347201</b></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:103%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">(CUSIP Number)</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:103%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="border-bottom:solid 1px #000000;vertical-align:top;width:103%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Alan Wovsaniker, Esq. </b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Lowenstein Sandler LLP </b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>One Lowenstein Drive</b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Roseland, New Jersey 07068</b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>(973) 597-2500</b></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:103%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">(Name, Address and Telephone Number of Person<br>
			Authorized to Receive Notices and Communications)</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:103%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="border-bottom:solid 1px #000000;vertical-align:top;width:103%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>April 8, 2021</b></p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align:top;width:103%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;">(Date of Event Which Requires Filing of this Statement)</p>
			</td>
		</tr>

</table>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">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 &#167;&#167;240.13d-1(e), 240.13d-1(f) or 240.13d-l(g), check the following box. &#9744;</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;"><b>Note: </b>Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. <i>See</i> &#167;240.13d-7 for other parties to whom copies are to be sent.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">*The remainder of this cover page shall be filled out for a reporting person&#8217;s 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.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The information required on the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&#8220;Act&#8221;) 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).</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">&nbsp;</p>

<div class="PGBK" style="width: 100%; margin-left: 0pt; margin-right: 0pt">
<div class="PGNUM" style="text-align: center; width: 100%">&nbsp;</div>

<hr style="PAGE-BREAK-AFTER: always; border: none; width: 100%; height: 2px; color: #000000; background-color: #000000">
<div class="PGHDR" style="text-align: left; width: 100%">&nbsp;</div>
</div>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;margin-left:auto;margin-right:auto;">

		<tr>
			<td colspan="5" style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 98%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>CUSIP No.</b>&nbsp;&nbsp;&nbsp;077347201</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 5%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>1.</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 93%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Names of Reporting Persons</b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Bernstein Daniel</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 5%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>2.</b></p>
			</td>
			<td style="vertical-align: top; width: 83%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Check the Appropriate Box if a Member of a Group (See Instructions)</b></p>
			</td>
			<td style="vertical-align: top; width: 10%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">(a)&nbsp;&nbsp; &#9744;</p>
			</td>
			<td colspan="2" style="vertical-align: top; width: 2%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 5%;">&nbsp;</td>
			<td style="vertical-align: top; width: 83%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
			<td colspan="3" style="vertical-align: top; width: 10%;">(b)&nbsp;&nbsp; &#9744;</td>
		</tr>
		<tr style="background-color: rgb(230, 230, 230);">
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 5%; border-top: thin solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>3.</b></p>
			</td>
			<td colspan="4" style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 93%; border-top: thin solid rgb(0, 0, 0);">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>SEC USE ONLY</b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 5%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>4.</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 93%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Source of Funds (See Instructions):</b>&nbsp;&nbsp;&nbsp;PF OO</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 5%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>5.</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 93%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Check Box if Disclosure of Legal Proceedings is Required Pursuant to </b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Items 2(d) or 2(e):</b>&nbsp;&nbsp; &#9744;</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 5%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>6.</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 93%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Citizenship or Place of Organization:</b>&nbsp;&nbsp;&nbsp;&nbsp;United States</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
		</tr>

</table>

<p style="margin: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;margin-left:auto;margin-right:auto;">

		<tr>
			<td style="vertical-align: top; width: 5%;">&nbsp;</td>
			<td style="vertical-align: top; width: 32%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Number of</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 40%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>7.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Sole Voting Power:</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 20%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:right;margin:0pt;">380,786*</p>
			</td>
			<td style="vertical-align: top; width: 3%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 5%;">&nbsp;</td>
			<td style="vertical-align: top; width: 32%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Shares Beneficially</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 40%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>8.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Shared Voting Power:</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 20%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:right;margin:0pt;">0</p>
			</td>
			<td style="vertical-align: top; width: 3%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 5%;">&nbsp;</td>
			<td style="vertical-align: top; width: 32%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Owned by</b></p>
			</td>
			<td style="vertical-align: top; width: 40%;">&nbsp;</td>
			<td style="vertical-align: top; width: 20%;">&nbsp;</td>
			<td style="vertical-align: top; width: 3%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 5%;">&nbsp;</td>
			<td style="vertical-align: top; width: 32%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Each Reporting</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 40%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>9.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Sole Dispositive Power:</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 20%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:right;margin:0pt;">376,095*</p>
			</td>
			<td style="vertical-align: top; width: 3%;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 5%;">&nbsp;</td>
			<td style="vertical-align: top; width: 32%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Person with</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 40%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>10.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Shared Dispositive Power:</b></p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 20%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:right;margin:0pt;">0</p>
			</td>
			<td style="vertical-align: top; width: 3%;">&nbsp;</td>
		</tr>

</table>

<p style="margin: 0; font-family: &quot;Times New Roman&quot;; font-size: 10pt">&nbsp;</p>

<table border="0" cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;margin-left:auto;margin-right:auto;">

		<tr>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 8%; border-top: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>11.</b></p>
			</td>
			<td colspan="2" style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 72%; border-top: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Aggregate Amount Beneficially Owned by Each Reporting Person:</b></p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 17%; border-top: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:right;margin:0pt;">380,786*</p>
			</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 3%; border-top: 1px solid black;">&nbsp;</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 8%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>12.</b></p>
			</td>
			<td colspan="4" style="vertical-align: top; width: 89%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):</b>&nbsp;&nbsp; &#9744;</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
		</tr>
		<tr>
			<td style="vertical-align: top; width: 8%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>13.</b></p>
			</td>
			<td colspan="2" style="vertical-align: top; width: 72%; border-bottom: 1px solid black;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Percent of Class Represented by Amount in Row (11):</b>&nbsp;&nbsp;&nbsp;&nbsp;17.8%</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
			<td style="vertical-align: top; width: 17%; border-bottom: 1px solid black;">&nbsp;</td>
			<td style="vertical-align: top; width: 3%; border-bottom: 1px solid black;">&nbsp;</td>
		</tr>
		<tr>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 8%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>14.</b></p>
			</td>
			<td colspan="2" style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 72%;">
			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Type of Reporting Person (See Instructions):</b>&nbsp;&nbsp;&nbsp;IN</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>
			</td>
			<td style="border-bottom:solid 1px #000000;vertical-align:top;width:17%;">&nbsp;</td>
			<td style="border-bottom: 1px solid rgb(0, 0, 0); vertical-align: top; width: 3%;">&nbsp;</td>
		</tr>

</table>

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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">As of April 8, 2021 (the &#8220;<u>Event Date</u>&#8221;), Mr. Bernstein may be deemed to beneficially own an aggregate of 380,786 shares of Class A Common Stock, par value $0.10 per share (&#8220;<u>Class A Common Stock</u>&#8221;), of Bel Fuse Inc. (the &#8220;<u>Issuer</u>&#8221;), as reported herein, consisting of the following: (i) 376,095 shares of Class A Common Stock held by Mr. Bernstein directly and (ii) 4,691 shares of Class A Common Stock allocated to Mr. Bernstein in the Issuer&#8217;s 401(k) Plan. Mr. Bernstein has voting but no investment power over the shares held by the Issuer&#8217;s 401(k) Plan. The shares of Class A Common Stock beneficially owned by Mr. Bernstein exclude 55,074 shares owned by a trust in which Mr. Bernstein is a beneficiary but does not serve as trustee and has no voting or investment power with respect to the shares.</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">&nbsp;</p>

			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The percentage reported in Row (13) is based on 2,144,912 shares of Class A Common Stock outstanding as of March 23, 2021, as reported in the Issuer&#8217;s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission (the &#8220;<u>SEC</u>&#8221;) on the Event Date. As a result of and subject to the foregoing, for purposes of Reg. Section 240.13d-3, Mr. Bernstein may be deemed to beneficially own 380,786 shares of Class A Common Stock, or 17.8% of the shares of Class A Common Stock deemed issued and outstanding. As reported in the Issuer&#8217;s Definitive Proxy Statement on Schedule 14A filed with the SEC on the Event Date, the voting rights of one Issuer shareholder owning an aggregate of 409,600 shares of Class A Common Stock have been suspended, and as a result, a total of 1,735,312 shares of Class A Common Stock currently possess voting rights. Calculating Mr. Bernstein&#8217;s beneficial ownership as a percentage of the outstanding Class A Common Stock as to which voting rights have not been suspended would result in a beneficial ownership percentage of 21.9%.</p>
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Explanatory Note</b></p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">This Amendment No. 2 to Schedule 13D (this &#8220;<u>Amendment No. 2</u>&#8221;) is being filed by Daniel Bernstein to amend and update the Schedule 13D (the &#8220;<u>Schedule 13D</u>&#8221;) filed by Mr. Bernstein with the Securities and Exchange Commission (the &#8220;<u>SEC</u>&#8221;) on February 14, 2002, as amended by Amendment No. 1 to the Schedule 13D filed by Mr. Bernstein with the SEC on February 14, 2017, with respect to beneficial ownership of shares of Class A Common Stock, par value $0.10 per share (&#8220;<u>Class A Common Stock</u>&#8221;), of Bel Fuse Inc. (the &#8220;<u>Issuer</u>&#8221;), a corporation organized under the laws of the State of New Jersey. The address of the principal executive offices of the Issuer is 206 Van Vorst Street, Jersey City, New Jersey 07302. Except as specifically provided herein, this Amendment No. 2 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used but not otherwise defined in this Amendment No. 2 shall have the respective meanings ascribed to such terms in the Schedule 13D.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Item 3.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Source and Amount of Funds or Other Consideration.</b></p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Item 3 of the Schedule 13D is hereby amended and supplemented by adding at the end thereof the following updating information:<br>
<br>
As previously reported in Mr. Bernstein&#8217;s Form 4 filed with the SEC on March 3, 2020, in an open market purchase on February 28, 2020, Mr. Bernstein acquired 1,300 shares of Class A Common Stock at a purchase price of $9.8135 per share.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">As previously reported in Mr. Bernstein&#8217;s Form 4 filed with the SEC on March 5, 2020, in an open market purchase on March 3, 2020, Mr. Bernstein acquired 2,700 shares of Class A Common Stock at a purchase price of $9.97 per share.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">As previously reported in Mr. Bernstein&#8217;s Form 4 filed with the SEC on March 9, 2020, in an open market purchase on March 5, 2020, Mr. Bernstein acquired 5,040 shares of Class A Common Stock at a purchase price of $9.99 per share.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">As previously reported in Mr. Bernstein&#8217;s Form 4 filed with the SEC on March 13, 2020: (i) in an open market purchase on March 11, 2020, Mr. Bernstein acquired 4,300 shares of Class A Common Stock at a purchase price of $8.2379 per share, and (ii) in an open market purchase on March 12, 2020, Mr. Bernstein acquired 9,462 shares of Class A Common Stock at a purchase price of $7.7912 per share.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">As previously reported in Mr. Bernstein&#8217;s Form 4 filed with the SEC on March 18, 2020, in an open market purchase on March 16, 2020, Mr. Bernstein acquired 1,672 shares of Class A Common Stock at a purchase price of $7.94 per share.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Mr. Bernstein is enrolled in the Issuer&#8217;s 401(k) Plan, an Issuer-sponsored employee benefit plan, which from time to time purchases shares of Class A Common Stock (and shares of the Issuer&#8217;s non-voting Class B Common Stock) pursuant to the applicable terms and conditions of such 401(k) Plan. Mr. Bernstein has voting but no investment power over the shares allocated to him in the Issuer&#8217;s 401(k) Plan.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">As of the date of the filing of this Amendment No. 2, Mr. Bernstein beneficially owns 17.8% of the outstanding shares of the Issuer&#8217;s Class A Common Stock. See the footnote appearing on the cover page of this Amendment No. 2.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Item 4. Purpose of Transaction.</b></p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Item 4 of the Schedule 13D is hereby amended by deleting it in its entirety and substituting the following in lieu thereof:</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Mr. Bernstein acquired the securities reported herein for investment because of the belief that the Issuer represents an attractive investment based on the Issuer&#8217;s business prospects and strategy. Mr. Bernstein reserves the right to acquire, or cause to be acquired, additional securities of the Issuer, to dispose of, or cause to be disposed of, such securities at any time or to formulate other purposes, plans or proposals regarding the Issuer or any of its securities, to the extent deemed advisable in light of general investment goals, market conditions or other factors. Mr. Bernstein may, from time to time, purchase additional shares of Class A Common Stock or dispose of all or a portion of the shares of Class A Common Stock beneficially owned by him, either in the open market or in privately negotiated transactions.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Currently, Mr. Bernstein serves as President and Chief Executive Officer and as a member of the Board of Directors of the Issuer (the &#8220;<u>Board</u>&#8221;). Mr. Bernstein&#8217;s current three-year term as a director on the Issuer&#8217;s Board continues until the Issuer&#8217;s annual meeting of shareholders to be held in 2022, when he is expected to stand for re-election by a vote of the Issuer&#8217;s shareholders. As a member of the Issuer&#8217;s Board, Mr. Bernstein serves on the Executive Committee of the Board. Mr. Bernstein additionally serves as a director of the Issuer&#8217;s Cinch Connectors, Inc., Bel Transformer Inc., Bel Power Inc. and Bel Stewart GmbH subsidiaries.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Except as set forth herein, Mr. Bernstein has no present plans or proposals that would relate to, or result in, any of the matters set forth under subsections (a) through (j) of Item 4 of Schedule 13D.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Item 5.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Interest in Securities of the Issuer.</b></p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Item 5 of the Schedule 13D is hereby amended by deleting it in its entirety and substituting the following in lieu thereof:</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">The information contained in rows 7, 8, 9, 10, 11 and 13 of the cover page of this report and the information set forth in or incorporated by reference in Items 2, 3, 4 and 6 of the report is hereby incorporated by reference in its entirety into this Item 5.</p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">(a)&nbsp;&nbsp;&nbsp;&nbsp;As reported in the Issuer&#8217;s Definitive Proxy Statement on Schedule 14A filed with the SEC on April 8, 2021 (the &#8220;<u>Event Date</u>&#8221;), there were 2,144,912 shares of Class A Common Stock issued and outstanding as of March 23, 2021. As of the date of this Amendment No. 2, Mr. Bernstein may be deemed to beneficially own an aggregate of 380,786 shares of Class A Common Stock, consisting of the following: (i) 376,095 shares of Class A Common Stock held by Mr. Bernstein directly and (ii) 4,691 shares of Class A Common Stock allocated to Mr. Bernstein in the Issuer&#8217;s 401(k) Plan. Mr. Bernstein has voting but no investment power over the shares held by the Issuer&#8217;s 401(k) Plan. The shares of Class A Common Stock beneficially owned by Mr. Bernstein exclude 55,074 shares owned by a trust in which Mr. Bernstein is a beneficiary but does not serve as trustee and has no voting or investment power with respect to the shares.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">As a result of and subject to the foregoing, for purposes of Reg. Section 240.13d-3, and based on 2,144,912 shares of Class A Common Stock outstanding as of March 23, 2021, as reported in the Issuer&#8217;s Definitive Proxy Statement on Schedule 14A filed with the SEC on the Event Date, Mr. Bernstein may be deemed to beneficially own 380,786 shares of Class A Common Stock, or 17.8% of the shares of Class A Common Stock deemed issued and outstanding. As reported in the Issuer&#8217;s Definitive Proxy Statement on Schedule 14A filed with the SEC on the Event Date, the voting rights of one Issuer shareholder owning an aggregate of 409,600 shares of Class A Common Stock have been suspended, and as a result, a total of 1,735,312 shares of Class A Common Stock currently possess voting rights. Calculating Mr. Bernstein&#8217;s beneficial ownership as a percentage of the outstanding Class A Common Stock as to which voting rights have not been suspended would result in a beneficial ownership percentage of 21.9%.</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Mr. Bernstein also beneficially owns an aggregate of 28,077 shares of the Issuer&#8217;s non-voting Class B Common Stock, par value $0.10 per share (&#8220;<u>Class B Common Stock</u>&#8221;). The shares of Class B Common Stock beneficially owned by Mr. Bernstein include 10,737 shares allocated to Mr. Bernstein in the Company&#8217;s 401(k) Plan over which he has no voting or investment power, 4,265 shares held of record by Mr. Bernstein&#8217;s wife, and 6,000 shares of restricted stock.&nbsp; The shares of Class B Common Stock beneficially owned by Mr. Bernstein exclude 59,052 shares owned by a family limited liability company of which Mr. Bernstein is a minority member but does not serve as managing member and has no voting or investment power with respect to the shares.</p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">(b)&nbsp;&nbsp;&nbsp;&nbsp;Mr. Bernstein has sole power to vote, or to direct the vote, and sole power to dispose, or to direct the disposition, with respect to 376,095 shares of Class A Common Stock. Mr. Bernstein has sole power to vote, or to direct the vote (but no investment power), with respect to the 4,691 shares of Class A Common Stock held by the Issuer&#8217;s 401(k) Plan.</p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;">(c)&nbsp;&nbsp;&nbsp;&nbsp;Except as described herein, during the past sixty (60) days on or prior to the date of filing of this Amendment No. 2, there were no purchases or sales of shares of Class A Common Stock, or securities convertible into or exchangeable for shares of Class A Common Stock, by Mr. Bernstein or any person or entity for which Mr. Bernstein possesses voting or dispositive control over the securities thereof.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin: 0pt 0pt 0pt 0pt;">(d)&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin: 0pt 0pt 0pt 0pt;">(e)&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Item 6.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.</b></p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Item 6 of the Schedule 13D is hereby amended and supplemented by adding at the end thereof the following information:</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">Except as otherwise set forth in this Schedule 13D, there are no contracts, arrangements, understandings or similar relationships existing with respect to the securities of the Issuer and Mr. Bernstein.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Item 7.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Material to be Filed as Exhibits.</b></p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">The following exhibit is filed with this this Amendment No. 2:</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;"><u>Exhibit No.</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Description</u></p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">24&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <a href="ex_239909.htm" style="-sec-extract:exhibit;">Power of Attorney, dated April 8, 2021.</a></p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b><u>Signature</u></b></p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;text-indent:36pt;">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Dated: April 8, 2021</p>

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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Daniel Bernstein</b></p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">By:</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">/s/ Lloyd Jeglikowski</p>
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			<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;">Lloyd Jeglikowski, Attorney-in-Fact</p>
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>Attention: Intentional misstatements or omissions of fact constitute </b><br>
<b>Federal criminal violations (See 18 U.S.C. 1001).</b></p>

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<TYPE>EX-24
<SEQUENCE>2
<FILENAME>ex_239909.htm
<DESCRIPTION>EXHIBIT 24
<TEXT>
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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: right;"><b>Exhibit 24</b></p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:center;margin:0pt;"><b>POWER OF ATTORNEY</b></p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">Know all by these present that the undersigned hereby constitutes and appoints each of Alan Wovsaniker, Lloyd Jeglikowski, Farouq Tuweiq and Lynn Hutkin as his true and lawful attorney-in-fact to:</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;execute for and on behalf of the undersigned Schedules 13D and 13G and Forms 3, 4 and 5 in accordance with Sections 13 and 16(a) of the Securities Exchange Act of 1934 (the &#8220;Exchange Act&#8221;) and the rules thereunder;</p>

<p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;">&nbsp;</p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete the execution of any such Schedules 13D or 13G, Form ID application for EDGAR codes, and Forms 3, 4 or 5, and the timely filing of such Forms with the United States Securities and Exchange Commission and any other authority; and</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;text-align:justify;margin:0pt;">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, including, without limitation, the execution and filing of a Form 4 with respect to a transaction which may be reported on a Form 5, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in his or her discretion.</p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary and proper to be done in the exercise of any of the rights and powers herein granted, as fully and to all intents and purposes as he might or could do in person, with full power of substitution and resubstitution, hereby ratifying and confirming all that such attorney-in-fact, or his or her substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned's responsibilities to comply with Sections 13 and 16 of the Exchange Act.</p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file any Schedules 13D and 13G and Forms 3, 4 and 5 in accordance with Sections 13 and 16(a) of the Exchange Act and the rules thereunder with respect to the undersigned's holdings of and transactions in securities issued by Bel Fuse Inc.&nbsp;unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.</p>

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<p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt; text-indent: 36pt;">IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of April 8, 2021.</p>

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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:54pt;"><u>/s/ Daniel Bernstein</u></p>

<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:54pt;">Daniel Bernstein</p>

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