SEC Form 4 · accession 0001140361-16-065974
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey D Blomstrom
Officer — Senior Vice President
Period of report
May 16, 2016
Accepted (ET)
May 17, 2016 · 4:23 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,F3 | May 16, 2016 | S | 14,721 | $12.5812 | D | 53,107 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were sold pursuant to a 10b5-1 trading plan to satisfy tax obligations.
- F2On May 16, 2016, Jeffrey D. Blomstrom sold in multiple transactions, Resource Capital Corp. common stock at prices ranging from $12.47 to $12.68.
- F312,149 shares remain subject to vesting.