SEC Form 4 · accession 0001552781-15-000205
ACRE REALTY INVESTORS INC · AIII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
A-III Investment Partners LLC
10% Owner
Period of report
Jan 30, 2015
Accepted (ET)
Feb 9, 2015 · 6:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001011109
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1 | Jan 30, 2015 | P | 8,450,704 | $1.42 | A | 8,450,704 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (Right to Acquire)F2 | $1.42 | Jan 30, 2015 | P | 26,760,563 | A | Jan 30, 2015 | Jan 30, 2018 | Common Stock | 26,760,563 | 26,760,563 | D |
Explanation of responses
- F1The purchase price and the number of shares of Common Stock issued, pursuant to a stock purchase agreement, are subject to adjustments as provided in the Stock Purchase Agreement, dated November 19, 2014.
- F2Each Warrant entitles the holder to purchase one share of Common Stock at $1.42 per share, with both the number of shares of Common Stock and the exercise price subject to adjustments as provided in the Warrant Agreement, dated January 30, 2015.