SEC Form 4 · accession 0001140361-17-035039
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew J Stern
Officer — President
Period of report
Sep 8, 2017
Accepted (ET)
Sep 11, 2017 · 4:13 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 | Sep 8, 2017 | P$0 | 1,500 | — | A | 14,769 | D | |
| 8.625% Series C Cumulative Redeemable Preferred StockF3 | Sep 8, 2017 | P$0 | 1,000 | — | A | 1,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On September 8, 2017, the reporting person purchased, in multiple transactions, a total of 1,500 shares of common stock of Resource Capital Corp. ("RSO") at prices ranging from $10.0989 to $10.11.
- F2Includes 12,019 shares which remain subject to vesting under RSO's Amended and Restated Omnibus Equity Compensation Plan.
- F3On September 8, 2017, the reporting person purchased, in multiple transactions, a total of 1,000 shares of 8.625% Series C Cumulative Redeemable Preferred Stock of RSO at prices ranging from $25.68 to $25.75.