SEC Form 4 · accession 0001144204-18-051628
American Finance Trust, Inc · AFIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Kabnick
Director
Period of report
Sep 28, 2018
Accepted (ET)
Oct 1, 2018 · 6:03 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001568162
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2,F3 | Sep 28, 2018 | P | 5,000 | $15.0718 | A | 35,305 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.0127 to $15.1237, inclusive. The reporting person undertakes to provide to American Finance Trust, Inc. (the "Registrant"), any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2This amount includes 941.25 shares of Class B-1 common stock and 941.25 shares of Class B-2 common stock, which will automatically convert into an equal number of shares of Class A common stock, to be listed on The Nasdaq Global Select Market on October 10, 2018 and no later than January 15, 2019, respectively.
- F35,000 shares purchased in open market transactions are held in a joint account with the Registrant's spouse.