SEC Form 4 · accession 0001140361-16-050620
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey F Brotman
Officer — Executive Vice President
Period of report
Feb 5, 2016
Accepted (ET)
Feb 8, 2016 · 4:12 pm EST
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 | Feb 5, 2016 | A | 14,691 | $0.00 | A | 97,785 | D | |
| Common StockF3 | holding | — | — | — | 87 | I | By Daughter |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The undersigned was granted 14,691 restricted common shares that vests in full over three years, with 33.33% vesting per year beginning on February 5, 2017.
- F254,340 shares remain subject to vesting.
- F3The reporting person disclaims beneficial ownership of these shares.