SEC Form 4 · accession 0001144204-18-044704
Rithm Property Trust Inc. · RPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell Schaub
Officer — PRESIDENT · Director
Period of report
Aug 1, 2017
Accepted (ET)
Aug 14, 2018 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001614806
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F2 | Aug 1, 2017 | A | 4,000 | $13.95 | A | 65,686 | D | |
| Common Stock, par value $0.01 per shareF3,F4 | Aug 10, 2018 | A | 4,000 | $13.58 | A | 74,627 | D | |
| Common Stock, par value $0.01 per shareF5 | holding | — | — | — | 82 | I | By wife | |
| Common Stock, par value $0.01 per shareF5 | holding | — | — | — | 1,120 | I | By dependent (Rebecca) | |
| Common Stock, par value $0.01 per shareF5 | holding | — | — | — | 1,120 | I | By dependent (Benjamin) | |
| Common Stock, par value $0.01 per shareF5 | holding | — | — | — | 1,120 | I | By dependent (Samuel) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Granted pursuant to the 2016 Equity Incentive Plan, one third of which have vested on August 1, 2018 and the rest will vest equally on August 1, 2019 and August 1, 2020. The reporting person inadvertently failed to report this grant on Form 5 for the registrant's 2017 fiscal year.
- F2Includes the following shares acquired under the Issuer's Dividend Reinvestment Plan: 995.948 shares acquired on March 31, 2017 and 1,074.716 shares acquired on May 30, 2017.
- F3Granted pursuant to the 2016 Equity Incentive Plan, which will vest in three equal installments annually starting August 10, 2019.
- F4Includes the following shares acquired under the Issuer's Dividend Reinvestment Plan: 1,240.075 shares on August 30, 2017; 1,243.971 shares on December 1, 2017; 1,349.174 shares on March 30, 2018; and 1,107.9 shares on May 30, 2018.
- F5Includes the following shares acquired under the Issuer's Dividend Reinvestment Plan: 1.389 shares on March 31, 2017; 1.499 shares on May 30, 2017; 1.611 shares on August 30, 2017; 1.616 shares on December 1, 2017; 1.753 shares on March 30, 2018; and 1.829 shares on May 30, 2018.