SEC Form 4 · accession 0001209191-17-019503
Starwood Waypoint Homes · SFR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arik Prawer
Officer — Chief Financial Officer
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 11:08 am EST
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 of beneficial interest | holding | — | — | — | 93,272 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LLC UnitsF1,F2,F3 | — | Mar 7, 2017 | J | 11,306 | D | — | — | common shares of beneficial interest | 11,306 | 11,235 | D |
| LP UnitsF4,F3 | — | Mar 7, 2017 | J | 399 | A | — | — | common shares of beneficial interest | 399 | 399 | D |
Explanation of responses
- F1The LLC Units represent the right to receive, upon the reporting person's request, common shares of the Issuer in the amount set forth in box 9, or the cash value thereof, currently held by CCCAH Management Partners, LLC. CCCAH Management Partners, LLC sold the underlying shares set forth in box 7 in an underwritten offering on March 7, 2017. The shares were sold at a price of $32.50 per share subject to a $0.975 underwriting discount, for net proceeds of $31.525 per share.
- F2The remaining LLC Units will vest and become exercisable not later than half on July 25, 2017 and half on July 26, 2018
- F3The LLC Units do not have an expiration date.
- F4The LP Units represent the right to receive, upon the reporting person's request, common shares of the Issuer in the amount set forth in box 7, or the cash value thereof, currently held by Colony Capital CAH, L.P.