SEC Form 4 · accession 0000899243-17-015409
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henry R Silverman
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 5, 2017 · 7:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001332551
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 1, 2017 | A | 3,575 | $0.00 | A | 3,575 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person has been granted 3,575 shares of restricted common stock under the issuer's Amended & Restated Omnibus Equity Compensation Plan. These shares will fully vest on June 1, 2018 and are receivable on account of the reporting person's service as a director of the Company and without additional consideration.