SEC Form 4 · accession 0001209191-18-040464
Retail Value Inc. · RVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
DDR CORP
10% Owner
Period of report
Jun 30, 2018
Accepted (ET)
Jul 2, 2018 · 5:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001735184
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series A Preferred SharesF1 | Jun 30, 2018 | J | 1,000 | $0.00 | A | 1,000 | D | |
| Common SharesF3 | Jul 1, 2018 | J | 18,465,264 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person received 1,000 Series A Preferred Shares, without par value per share, in a distribution approved by the Issuer.
- F2In connection with the spin-off (the "Spin-off") of the Issuer by the reporting person ("DDR") pursuant to the terms of a Separation and Distribution Agreement, dated July 1, 2018, by and between the Issuer and DDR ( the "Agreement"), DDR effected the Distribution (as defined in the Agreement) on July 1, 2018, and caused to be distributed to each holder of record of DDR common shares as of June 26, 2018 by means of a pro-rata dividend one common share of the Issuer for every 10 common shares of DDR held of record by such holder as of such record date.
- F3In connection with the Spin-off, on June 30, 2018, the Issuer common shares split, resulting in DDR's ownership of 18,465,164 additional Issuer common shares.