SEC Form 4 · accession 0001140361-16-057771
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Bloom
Officer — Senior Vice President
Period of report
Mar 14, 2016
Accepted (ET)
Mar 15, 2016 · 1:00 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 StockF2 | Mar 14, 2016 | S | 9,250 | $10.9428 | D | 94,619 | D | |
| Common Stock | holding | — | — | — | 1,409 | I | Spouse's SEP-IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 14, 2016, David E. Bloom sold, in multiple transactions, Resource Capital Corp. common stock at prices ranging from $10.94 to $10.9775 soley to cover tax obligations related to shares that vested on January 30, 2015, February 10, 2015 and December 21, 2015.
- F226,512 shares remain subject to vesting.