SEC Form 4 · accession 0001104659-17-068575
Tremont Mortgage Trust · TRMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry M. Portnoy
Director · 10% Owner
Period of report
Nov 13, 2017
Accepted (ET)
Nov 14, 2017 · 5:24 pm EST
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 | Nov 13, 2017 | A | 1,500 | — | A | 1,500 | D | |
| Common Shares of Beneficial InterestF2 | holding | — | — | — | 600,100 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction reported is grant of shares pursuant to the Issuer's equity compensation plan.
- F2Shares are held by Tremont Realty Advisors LLC ("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. Mr. Portnoy disclaims beneficial ownership of the shares owned by TRA except to the extent of his pecuniary interest therein.