SEC Form 4 · accession 0001144204-15-070904
United Development Funding IV · UDF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Joseph Finkle
Director
Period of report
Dec 11, 2015
Accepted (ET)
Dec 15, 2015 · 1:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001440292
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares of beneficial interestF1 | Dec 11, 2015 | S | 10,000 | $7.27 | D | 15,000 | D | |
| Common shares of beneficial interestF2 | Dec 11, 2015 | P | 9,000 | $7.93 | A | 24,000 | D | |
| Common shares of beneficial interestF3 | Dec 14, 2015 | P | 1,865 | $8.40 | A | 25,865 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.25-$7.30, inclusive. The reporting person undertakes to provide to United Development Funding IV, any security holder of United Development Funding IV, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.92-$7.93, inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.93-$8.80, inclusive.