SEC Form 4 · accession 0000899243-17-015989
Starwood Waypoint Homes · SFR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Barrack Jr.
Director
Period of report
Jun 9, 2017
Accepted (ET)
Jun 9, 2017 · 5:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001579471
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares, par value $0.01 per shareF5,F6 | Jun 9, 2017 | S | 3,897,220 | $34.69 | D | 0 | I | By controlled entities |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the closing of the Offering (as defined below), Mr. Barrack submitted his resignation from the Board of Trustees of the Issuer effective June 9, 2017. Accordingly, Mr. Barrack is no longer a Trustee or significant shareholder for purposes of Section 16 reporting as of June 9, 2017.
- F2On June 5, 2017, Colony Distressed Credit Fund II, L.P., ColCo Strategic Partners, L.P., Colony Capital CAH, L.P., Colony AH Member, LLC, and CCCAH Management Partners, LLC (the "Selling Shareholders") entered into an underwriting agreement (the "Underwriting Agreement") with the Issuer, Colony Starwood Homes Partnership, L.P., Merrill Lynch, Pierce, Fenner & Smith Incorporated (the "Underwriter") and the selling shareholders party thereto. Pursuant to the Underwriting Agreement, the Issuer agreed to sell 11,600,000 of the Issuer's common shares and the selling shareholders party thereto agreed to sell 11,433,187 common shares of the Issuer (the "Shares") in an underwritten offering, of which Colony Distressed Credit Fund II, L.P. agreed to sell 1,471,096 Shares, ColCo Strategic Partners, L.P. agreed to sell 1,332,298 Shares,
- F3(Continued from footnote 2) Colony Capital CAH, L.P. agreed to sell 26,543 Shares, Colony AH Member, LLC agreed to sell 1,022,448 Shares, and CCCAH Management Partners, LLC agreed to sell 44,835 Shares (the "Offering").
- F4All material contingencies set forth in the Underwriting Agreement were satisfied and the Offering closed on June 9, 2017.
- F5Mr. Barrack is the direct or indirect control person of the general partner or the managing member, as the case may be, of each of Colony Distressed Credit Fund II, L.P., ColCo Strategic Partners, L.P., Colony Capital CAH, L.P., Colony AH Member, LLC, and CCCAH Management Partners, LLC. Following the closing of the Offering, none of Colony Distressed Credit Fund II, L.P., ColCo Strategic Partners, L.P., Colony Capital CAH, L.P., Colony AH Member, LLC and CCCAH Management Partners, LLC beneficially own any common shares of the Issuer.
- F6The Reporting Person disclaims beneficial ownership of the Shares reported herein except to the extent of his pecuniary interest in such securities.