SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* GLOBAL VALUE INVESTMENT CORP. (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Rocky Mountain Chocolate Factory, Inc. [ RMCF ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 12/30/2022
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/30/2022		J		6,840(1)	A	$0.00	630,643(2)(3)	I	See footnotes
Common Stock								1,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* GLOBAL VALUE INVESTMENT CORP. (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* GEYGAN JEFFREY RICHART (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* GEYGAN JAMES (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* Geygan Kathleen (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* GVP 2021-A, L.P. (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* GVP 2021-A, LLC (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

1. Name and Address of Reporting Person* Wilke Stacy (Last) (First) (Middle) 1433 N. WATER STREET SUITE 400 (Street) MILWAUKEE WI 53202 (City) (State) (Zip)

Explanation of Responses:

1. Represents a common stock grant to Jeffrey R. Geygan in his capacity as a non-employee director of the issuer pursuant to the issuer's board of directors compensation program. Shares awarded vest 25% on the grant date and 25% quarterly thereafter on each of February 28, 2023, May 31, 2023, and August 31, 2023.

2. In addition to Global Value Investment Corp, a Delaware corporation ("GVIC"), this Form 4 is being filed jointly by GVP 2021-A, L.P., a Delaware limited partnership, GVP 2021-A, L.L.C., a Delaware limited liability company, Jeffrey R. Geygan, a citizen of the United States of America, James P. Geygan, a citizen of the United States of America, Stacy A. Wilke, a citizen of the United States of America, and Kathleen M. Geygan, a citizen of the United States of America, each of whom has the same business address as GVIC. GVIC beneficially owns the shares of common stock, par value $0.01 per share ("Common Stock"), of Rocky Mountain Chocolate Factory, Inc. reported on this Form 4.

3. In accordance with Instruction 5(b)(iv), the entire amount of Common Stock held by GVIC is reported herein. Common Stock reported as indirectly owned by GVIC includes shares owned by GVP 2021-A, L.P., GVP 2021-A, L.L.C., Jeffrey R. Geygan, James P. Geygan, Stacy A. Wilke, and Kathleen M. Geygan.

Remarks:

	James P. Geygan, Chief Operating Offficer	01/04/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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