SEC Form 4 · accession 0001140361-18-013260
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas C Elliott
Officer — Executive Vice President
Period of report
Mar 12, 2018
Accepted (ET)
Mar 13, 2018 · 4:21 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 | Mar 12, 2018 | P$0 | 10,000 | — | A | 99,011 | D | |
| Common StockF3 | holding | — | — | — | 187 | I | As UGMA Custodian | |
| Common StockF3 | holding | — | — | — | 187 | I | As UGMA Custodian |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 12, 2018, the reporting person purchased, in multiple transactions, a total of 10,000 shares of common stock of Resource Capital Corp. at prices ranging from $9.25 to $9.3275.
- F227,332 shares remain subject to vesting.
- F3The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of purposes of Section 16 or for any other purposes.