SEC Form 4 · accession 0001209191-18-004731
Landmark Infrastructure Partners LP · LMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur P Brazy Jr.
Officer — SEE REMARKS · Director
Period of report
Jan 18, 2018
Accepted (ET)
Jan 22, 2018 · 4:40 pm EST
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 | Jan 18, 2018 | J | 9,796 | $0.00 | A | 96,880 | D | |
| COMMON UNITS (LIMITED PARTNER INTERESTS)F2 | holding | — | — | — | 5,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 18, 2018, Landmark Dividend Growth Fund - H LLC ("Fund H") sold a portfolio of assets to the Issuer in exchange for up to 1.5 million common units and cash (the "Transaction"). In connection with the Transaction, Fund H distributed 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 H, on January 18, 2018, the Reporting Person received 9,796 common units representing its partnership interest in Fund H and its pecuniary interest in the securities received by Fund H in the Transaction.
- F2These securities are held by The Brazy Family Trust, of which the Reporting Person is the trustee.
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.