SEC Form 4 · accession 0001312739-18-000001
ACRES Commercial Realty Corp. · ACR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter T Beach
Director
Period of report
Mar 8, 2018
Accepted (ET)
Mar 9, 2018 · 4:46 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 | Mar 8, 2018 | A | 4,347 | $0.00 | A | 45,711 | D | |
| Common StockF2 | holding | — | — | — | 106,958 | I | By investment companies |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person has been granted 4,347 shares of restricted common stock under the Issuer's Amended & Restated Omnibus Equity Compensation Plan. These shares will fully vest on March 8, 2019 and are receivable on account of the Reporting Person's service as a Director of the Company and without additional consideration.
- F2Beach Investment Counsel, Beach Investment Management, LLC and Beach Asset Management, LLC are investment firms for which the Reporting Person acts as a managing director and possess investment and/or voting power over the shares managed by them.