SEC Form 4/A · accession 0001670399-17-000003
IMH Financial Corp · [NONE]
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Samuel Montes
Officer — CFO
Period of report
Apr 19, 2017
Accepted (ET)
Aug 3, 2017 · 2:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001397403
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Apr 19, 2017 | F | 20,677 | $1.13 | D | 91,018 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were withheld by IMH Financial Corporation (the "Company") pursuant to an election made by Mr. Montes under Section 83(b) of the Internal Revenue Code of 1986 and the Restricted Stock Award Agreements entered into between Mr. Montes and the Company on April 12, 2017 and April 19, 2017, pursuant to which the parties agreed to make arrangements for the satisfaction of tax withholding requirements associated with the stock award.