SEC Form 4 · accession 0001140361-17-002471
MacKenzie Realty Capital, Inc. · MKZR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C E Patterson
Director
Period of report
Oct 15, 2015
Accepted (ET)
Jan 20, 2017 · 7:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001550913
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| MacKenzie Realty CapitalF1 | Oct 15, 2015 | J | 6,505 | $9.00 | A | 7,255 | I | See footnote (1) |
| MacKenzie Realty Capital, IncF2 | Apr 1, 2016 | J | 4,148 | $9.00 | A | 14,004 | I | See footnote (2) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1(1) Patterson Real Estate Services, LP ("PRES") received shares of MacKenzie Realty Capital, Inc. ("MRC") on 10/15/2015 as an in kind distribution in connection with the liquidation of the following funds: MP Income Fund 16, LLC, MP Income Fund 18, LLC, MP Income Fund 19, LLC, MP Income Fund 20, LLC, MacKenzie Patterson Special Fund 6, LLC, MP Value Fund 5, LLC and MP Value Fund 7, LLC (collectively, the "Legacy Funds"). The filer and filer's spouse are the beneficial owners of PRES and could be deemed to own the shares of MRC acquired by PRES.
- F2(2) On 4/1/2016, MPF Successors, LP ("MPF") acquired shares of MacKenzie Realty Capital, Inc. ("MRC") from MacKenzie Capital Management, LP ("MCM") in satisfaction of amounts owed to MPF by MCM. MCM received the shares on 10/15/2015 as an in-kind distribution in connection with the liquidation of the Legacy Funds. The filer and filer's spouse own interests in MPF and therefore could be deemed to beneficially own a portion of the MRC shares acquired by MPF.