SEC Form 4 · accession 0001088193-17-000004
MVP REIT, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael V Shustek
Officer — CEO · Director
Period of report
Oct 18, 2017
Accepted (ET)
Oct 20, 2017 · 2:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546609
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 18, 2017 | A | 746,222 | — | A | 36,095 | I | Vestin Realty Mortgage II, Inc |
| Common StockF3,F2 | Oct 18, 2017 | A | 290,198 | — | A | 36,095 | I | Vestin Realty Mortgage I, Inc |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 18, 2017, Vestin Realty Mortgage II, Inc. (VRM II) acquired 746,222.40 shares of common stock of MVP REIT, Inc. (the Issuer) as consideration for the sale of certain real property interests. Michael V. Shustek is a director and executive officer of VRM II, and owns 494 shares of VRM II common stock as of the date hereof, which represents approximately 29.99% of the total outstanding VRM II shares as of the date hereof. Mr. Shustek disclaims beneficial ownership of the Issuer common stock held by VRM II.
- F2As of the date hereof, Mr. Shustek has total indirect beneficial ownership in 36,095 shares of the Issuer's common stock, of which 6,529 shares are held by Peggy M. Shustek Trust, FBO Andrew M. Shustek, and 29,566 shares are held by MVP Capital Partners LLC. Mrs. Shustek is Mr. Shustek's spouse and his son is Andrew Shustek. MVP Capital Partners, LLC is a company wholly owned by Mr. Shustek.
- F3On October 18, 2017, Vestin Realty Mortgage I, Inc. (VRM I) acquired 290,197.60 shares of common stock of the Issuer as consideration for the sale of certain real property interests. Michael V. Shustek is a director and executive officer of VRM I, and owns 156,113 shares of VRM I common stock as of the date hereof, which represents approximately 13.41% of the total outstanding VRM I shares as of the date hereof. Mr. Shustek disclaims beneficial ownership of the Issuer common stock held by VRM I.