SEC Form 4 · accession 0001140361-15-030443
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Z Cohen
Officer — CEO & President · Director
Period of report
Aug 7, 2015
Accepted (ET)
Aug 7, 2015 · 3:22 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,F2 | Aug 7, 2015 | P | 250,000 | $3.1166 | A | 1,974,303 | D | |
| Common StockF3 | holding | — | — | — | 300,000 | I | By Foundation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 7, 2015, Jonathan Z. Cohen purchased, in multiple transactions, Resource Capital Corp. common stock at prices ranging from $3.06 to $3.17.
- F2954,490 shares remain subject to vesting.
- F3The reporting person is a trustee of Arete Foundation, a charitable foundation. The reporting person disclaims beneficial ownership of these shares.