SEC Form 4 · accession 0001392977-18-000006
Wheeler Real Estate Investment Trust, Inc. · WHLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew R Jones
Director
Period of report
Sep 6, 2018
Accepted (ET)
Sep 6, 2018 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001527541
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 6, 2018 | A | 2,785 | $4.04 | A | 5,570 | D | |
| Common Stock | holding | — | — | — | 12,464 | I | Held in IRA | |
| Common StockF2 | holding | — | — | — | 445,084 | I | Held in managed funds |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Convertible Preferred StockF3 | $40.00 | holding | — | — | — | — | — | Common Stock | 1,313 | 2,100 | D |
| Series B Convertible Preferred StockF2,F3 | $40.00 | holding | — | — | — | — | — | Common Stock | 28,334 | 45,335 | I |
| Series D Cumulative Covertible Preferred StockF2,F4 | $16.96 | holding | — | — | — | — | — | Common Stock | 31,840 | 21,600 | I |
Explanation of responses
- F1Granted for second quarter board fees based upon the closing price of Wheeler Real Estate Investment Trust, Inc.'s (the "Company") common stock on June 29, 2018.
- F2These shares are held by various investment partnerships, funds and managed accounts, in which NS Advisors, LLC ("NS Advisors") serves as the investment manager. Mr. Jones is the managing member of NS Advisors and has sole voting and investment authority over the shares.
- F3Each share of Series B Convertible Preferred Stock (the "Series B Stock") is convertible into shares of the Company's common stock at $40.00 per share. The Series B Stock has no expiration date.
- F4Each share of Series D Cumulative Convertible Preferred Stock (the "Series D Stock") is convertible into shares of the Company's common stock at $16.96 per share. The Series D Stock has no expiration date.