SEC Form 4 · accession 0001140361-15-030632
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Walter T Beach
Director
Period of report
Aug 7, 2015
Accepted (ET)
Aug 10, 2015 · 1:19 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 | A | 70,000 | $3.0944 | A | 130,935 | D | |
| Common StockF3 | holding | — | — | — | 427,833 | I | By Investment Companies |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 7, 2015, Walter T. Beach purchased, in multiple transactions, Resource Capital Corp. common stock at prices ranging from $3.05 to $3.1455.
- F28,583 shares remain subject to vesting.
- F3Beach Investment Counsel, Beach Investment Management, LLC and Beach Asset Management, LLC are investment firms for which the reporting person acts as a managing director and possesses investment and/or voting power over the shares managed by them.