SEC Form 4 · accession 0001144204-18-065728
Rithm Property Trust Inc. · RPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Bradford Handley Jr.
Director
Period of report
Dec 7, 2018
Accepted (ET)
Dec 20, 2018 · 4:15 pm EST
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 share | holding | — | — | — | 61,612 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.25% Convertible Notes due 2024F2,F1,F3 | $15.21 | Dec 7, 2018 | P | 10,000 | A | Apr 30, 2023 | Apr 30, 2024 | Common Stock, par value $0.01 per share | 16,438 | 10,000 | D |
Explanation of responses
- F1The initial conversion rate of the 7.25% convertible notes due 2024 (the "Notes") equals 1.6438 shares of the Issuer's common stock per $25.00 principal amount of the Notes (equivalent to a conversion price of approximately $15.21 per share of the Issuer's common stock). The conversion rate, and thus the conversion price, will be subject to adjustment in accordance with the terms of the Notes.
- F2Inadvertently late filing.
- F3Calculated based on the initial conversion rate of 1.6438 shares of the Issuer's common stock per $25.00 principal amount of the Notes.