SEC Form 4 · accession 0001104659-17-057922
Tremont Mortgage Trust · TRMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Sep 18, 2017
Accepted (ET)
Sep 19, 2017 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001708405
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial InterestF1 | Sep 18, 2017 | A | 600,000 | $20.00 | A | 600,100 | I | BY LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were acquired directly by Tremont Realty Advisors LLC ("TRA") in a private placement transaction at $20.00 per share. All shares reported are held directly by TRA. TRA is a direct wholly owned subsidiary of The RMR Group LLC ("RMR LLC"), which is a direct majority owned operating subsidiary of The RMR Group Inc. ("RMR INC"), of which Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is holder of a majority of the shares of beneficial interest in, and a trustee of, ABP Trust. Mr. Portnoy is also a beneficial owner and director of TRA. ABP Trust, RMR INC, RMR LLC and Mr. Portnoy may be deemed to beneficially own the shares owned directly by TRA. Each of ABP Trust and Mr. Portnoy disclaims beneficial ownership of the shares owned by TRA except to the extent of its or his pecuniary interest therein.