SEC Form 4 · accession 0001140361-16-087953
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey P Cohen
Director
Period of report
Nov 25, 2016
Accepted (ET)
Nov 28, 2016 · 4:38 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 Stock | Nov 25, 2016 | P | 2,500 | $8.93 | A | 9,500 | D | |
| Common StockF1 | Nov 28, 2016 | P$0 | 2,500 | — | A | 12,000 | D | |
| 8.25% Series B Cumulative Redeemable Preferred StockF2 | Nov 28, 2016 | P$0 | 1,000 | — | A | 1,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 28, 2016, the reporting person purchased, in multiple transactions, a total of 2,500 shares of common stock of Resource Capital Corp. ("RSO") at prices ranging from $8.68 to $8.87.
- F2On November 28, 2016, the reporting person purchased, in multiple transactions, a total of 1,000 shares of 8.25% Series B Cumulative Redeemable Preferred Stock of RSO at prices ranging from $21.80 to $22.00.