SEC Form 4 · accession 0001209191-17-052814
Seven Hills Realty Trust · SEVN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark L. Kleifges
Officer — Treasurer and CFO
Period of report
Sep 13, 2017
Accepted (ET)
Sep 14, 2017 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001452477
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 19, 2017 | X | 2,649 | — | A | 10,598 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Transferable Subscription Right (right to buy)F1 | — | Sep 13, 2017 | X | 7,947 | D | Aug 21, 2017 | Sep 19, 2017 | Common Stock | 2,649 | 0 | D |
Explanation of responses
- F1On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The reporting person exercised his basic subscription privilege in full. The subscription rights will expire if they are not exercised by 5:00pm Eastern time on September 19, 2017 (unless otherwise extended).