SEC Form 4 · accession 0001140361-16-081239
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Kessler
Director
Period of report
Sep 29, 2016
Accepted (ET)
Sep 30, 2016 · 4:22 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 | Sep 29, 2016 | A | 2,755 | $0.00 | A | 46,755 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The undersigned was granted 2,755 restricted common shares under the issuer's Amended & Restated Omnibus Equity Compensation Plan. These shares will fully vest on September 29, 2017 and are receivable on account of the reporting person's service as a director of the Company and without additional consideration.