SEC Form 4 · accession 0000899243-15-003354
Global Income Trust, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Seneff Jr.
Director
Period of report
Aug 17, 2015
Accepted (ET)
Aug 18, 2015 · 12:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001459241
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Aug 17, 2015 | J | 44,709 | $7.43 | A | 298,890 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares reported in this Statement of Changes in Beneficial Ownership were issued to CNL Global Income Advisors, LLC ("CGIA") pursuant to that certain Amended and Restated Expense Support and Restricted Stock Agreement dated effective January 1, 2014 (the "ESRSA") by and between Global Income Trust, Inc. (the "Issuer"), and CGIA (the "Reported Transaction"). All of the shares issued in the Reported Transaction are subject to forfeiture in accordance with the terms and conditions of the ESRSA.
- F2All of the shares of the Issuer's common stock beneficially owned by James M. Seneff, Jr. (the "Reporting Person") immediately following the Reported Transaction, are held of record by CGIA, which is indirectly wholly owned by the Reporting Person.