SEC Form 4 · accession 0001140361-16-087423
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
Robert C Lieber
Officer — CEO & President
Period of report
Nov 17, 2016
Accepted (ET)
Nov 21, 2016 · 4:53 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 | Nov 17, 2016 | P$0 | 6,433 | — | A | 6,433 | D | |
| Common StockF2 | Nov 18, 2016 | P$0 | 6,433 | — | A | 12,866 | D | |
| 8.625% Series C Cumulative Redeemable Preferred StockF3 | Nov 18, 2016 | P$0 | 1,400 | — | A | 1,400 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 17, 2016, the reporting person purchased, in multiple transactions, a total of 6,433 shares of common stock of Resource Capital Corp. ("RSO") at prices ranging from $9.36 to $9.43.
- F2On November 18, 2016, the reporting person purchased, in multiple transactions, a total of 6,433 shares of common stock of RSO at prices ranging from $9.22 to $9.37.
- F3On November 18, 2016, the reporting person purchased, in multiple transactions, a total of 1,400 shares of 8.625% Series C Cumulative Redeemable Preferred Stock of RSO at prices ranging from $22.09 to $22.15.