SEC Form 4 · accession 0001179110-16-029204
Landmark Infrastructure Partners LP · LMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Arthur P Brazy Jr.
Officer — SEE REMARKS · Director
Period of report
Aug 30, 2016
Accepted (ET)
Sep 1, 2016 · 4:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001615346
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON UNITS (LIMITED PARTNER INTERESTS)F1 | Aug 30, 2016 | J | 15,972 | — | A | 51,934 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 30, 2016, Landmark Dividend Growth Fund - G LLC ("Fund G") sold 100% of the membership interest in LD Acquisition Company 12 LLC to the Issuer in exchange for 3,592,430 common units and cash (the "Transaction"). In connection with the Transaction, Fund G commenced winding up its affairs and distributed all of its assets to its direct and indirect members, including the Reporting Person, as required by its limited liability company agreement, pro rata in accordance with its members' respective pecuniary interests. As a result of the distribution of assets in Fund G, on August 30, 2016, the Reporting Person received 15,972 common units representing its partnership interest in Fund G and its pecuniary interest in the securities received by Fund G in the Transaction.
Remarks
The Reporting Person is a director and Chief Executive Officer of Landmark Infrastructure Partners GP LLC, the general partner of the Issuer (the "General Partner"). The Issuer is managed by the directors and executive officers of the General Partner.