SEC Form 4 · accession 0001267710-15-000001
AMERICAN REALTY INVESTORS INC · ARL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
REALTY ADVISORS INC
10% Owner
Period of report
Apr 9, 2015
Accepted (ET)
Apr 27, 2015 · 11:56 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001102238
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock, par value $0.01 per share | Apr 9, 2015 | C | 1,486,741 | $4.62 | A | 3,988,971 | D | |
| common stock, par value $0.01 per share | holding | — | — | — | 9,249,336 | I | through subsidiary, Realty Advisors, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 9, 2015, the holder surrendered for conversion 460,638 shares of Series A Cumulative Convertible Preferred Stock of ARL into Common Stock with accumulated dividends which, upon conversion in accordance with the conversion price in the Articles of Incorporation, as amended, yielded 1,486,741 shares of Common Stock.