SEC Form 4 · accession 0001588047-16-000008
Wheeler Real Estate Investment Trust, Inc. · WHLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey M. Zwerdling
Director
Period of report
Nov 10, 2016
Accepted (ET)
Nov 10, 2016 · 6:20 pm EST
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 | Nov 10, 2016 | A | 4,143 | $1.75 | A | 235,520 | D | |
| Common Stock | holding | — | — | — | 45,455 | I | Held in profit sharing plan | |
| Common Stock | holding | — | — | — | 6,000 | I | Held in spouse's IRA |
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 StockF2 | $5.00 | holding | — | — | — | — | — | Common Stock | 50,000 | 10,000 | D |
| Series B Convertible Preferred StockF2 | $5.00 | holding | — | — | — | — | — | Common Stock | 20,000 | 4,000 | I |
| Common Stock WarrantsF3 | $5.50 | holding | — | — | — | — | — | Common Stock | 12,000 | 12,000 | D |
| Common Stock WarrantsF3 | $5.50 | holding | — | — | — | — | — | Common Stock | 4,800 | 4,800 | I |
Explanation of responses
- F1Granted for 3rd quarter board fees based upon the closing price of Wheeler Real Estate Investment Trust, Inc.'s (the "Company") common stock on September 30, 2016.
- F2Each share of Series B Convertible Preferred Stock ("Series B Preferred Stock") became convertible into shares of the Company's common stock at $5.00 per share, upon completion of the Company's April 2014 and September 2014 public offerings of Series B Preferred Stock and common stock warrants. The Series B Stock has no expiration date.
- F3Each common stock warrant became exercisable upon completion of the Company's April 2014 and September 2014 public offerings of Series B Preferred Stock and common stock warrants. The common stock warrants expire on April 29, 2019.