SEC Form 4 · accession 0001144204-18-004695
Bluerock Residential Growth REIT, Inc. · BRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ramin Kamfar
Officer — Chairman and CEO · Director
Period of report
Jan 30, 2018
Accepted (ET)
Jan 30, 2018 · 5:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001442626
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class C Common StockF1,F2 | — | Jan 30, 2018 | A | 3,830 | A | — | — | Class A Common Stock | 3,830 | 41,979 | I |
| OP UnitsF1,F4,F3 | — | Jan 30, 2018 | A | 187,680 | A | — | — | Class A Common Stock | 187,680 | 4,332,101 | I |
Explanation of responses
- F1Shares of the Issuer's Class C Common Stock are convertible, at the holder's option, into shares of the Issuer's Class A Common Stock on a one-for-one basis, and upon the occurrence of certain transfers of units of limited partnership interest ("OP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership") or shares of Class C Common Stock and similar events, will convert automatically into shares of the Issuer's Class A Common Stock, also on a one-for-one basis.
- F2These shares are owned by Bluerock Real Estate, L.L.C., which is 99.9% owned by R. Ramin Kamfar.
- F3Represents OP Units in the Operating Partnership, of which the Issuer is the general partner. After a one year holding period, OP Units may be redeemed for cash or, at the option of the Issuer, for shares of the Issuer's Class A Common Stock, on a one-for-one basis.
- F4These OP Units are owned by Bluerock Real Estate, L.L.C., which is 99.9% owned by R. Ramin Kamfar.