SEC Form 4 · accession 0001104659-15-038237
SELECT INCOME REIT · NASDAQ:SIR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry M Portnoy
Director · 10% Owner
Period of report
May 13, 2015
Accepted (ET)
May 14, 2015 · 5:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001537667
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial InterestF1 | May 13, 2015 | A | 2,500 | — | A | 119,783 | D | |
| Common Shares of Beneficial InterestF2,F3 | holding | — | — | — | 327,760 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction reported is grant of shares pursuant to the Issuer's equity compensation plan.
- F2Represents the pecuniary interest of Mr. Portnoy in Common Shares owned by Reit Management & Research LLC ("RMR"), of which Reit Management & Research Trust ("RMR Trust") is the sole member. Mr. Portnoy is the Chairman and a director of RMR, and the Chairman, majority beneficial owner and a trustee of RMR Trust.
- F3RMR may, under Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), be deemed to beneficially own 24,918,421 Common Shares of the Issuer that are owned by Government Properties Income Trust ("GOV"), and therefore due to his relationships with RMR Trust and RMR, Mr. Portnoy may be considered a beneficial owner of a portion of such Common Shares, constituting more than ten percent of the Common Shares of the Issuer under Rule 16a-1(a)(1) under the Exchange Act, but Mr. Portnoy disclaims such beneficial ownership of the Common Shares owned by GOV.