SEC Form 4 · accession 0001552781-16-002166
ACRE REALTY INVESTORS INC · AIII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles S Roberts
Officer — Executive Vice President · Director · 10% Owner
Period of report
Dec 20, 2016
Accepted (ET)
Dec 21, 2016 · 10:04 am 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 | Dec 20, 2016 | G | 6,072 | $0.00 | D | 4,282,634 | D | |
| Common Stock, par value $.01 per shareF2 | Dec 20, 2016 | G | 17,857 | $0.00 | D | 4,264,777 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As part of Mr. Roberts' long range estate plan, he gifted 6,072 shares to his spouse. Mr. Roberts' spouse owns 264,777 shares of Company common stock. Mr. Roberts disclaims beneficial ownership of those shares which are included in Column 5.
- F2As part of Mr. Roberts' long range estate plan, he gifted 17,857 shares to his adult daughter. Mr. Roberts disclaims beneficial ownership of such shares.