SEC Form 4 · accession 0001140361-16-078131
Vestin Realty Mortgage II, Inc · VRTB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael V Shustek
Officer — President & CEO · Director
Period of report
Aug 29, 2016
Accepted (ET)
Aug 30, 2016 · 11:01 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001327603
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 29, 2016 | P | 2,515 | $2.05 | A | 458,001 | D | |
| Common StockF1 | holding | — | — | — | 23,175 | I | Vestin Mortgage, Inc. | |
| Common Stock | holding | — | — | — | 18,774 | I | Spouse | |
| Common StockF2 | holding | — | — | — | 13,326 | I | Vestin Realty Mortgage I, Inc |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vestin Mortgage, Inc. holds these shares and Mr. Shustek is the Chairman, President and Chief Executive Officer of Vestin Mortgage, Inc. and indirectly owns all of the capital stock of Vestin Mortgage Inc. through Vestin Group, Inc. a company wholly owned by Mr. Shustek.
- F2Mr. Shustek owns an approximate 9.9% interest in Vestin Realty Mortgage I, Inc. ("VRM I"), a public company that owns 134,270 shares of Vestin Realty Mortgage II, Inc. ("VRM II"). Mr. Shustek is an executive officer and director of VRM I. The 13,326 shares represent Mr. Shustek's proportionate interest in the shares of VRM II that are owned by VRM I.