SEC Form 4 · accession 0000898382-16-000057
RESOURCE AMERICA, INC. · REXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leon G Cooperman
10% Owner
Period of report
May 23, 2016
Accepted (ET)
May 25, 2016 · 5:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000083402
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | May 23, 2016 | S | 28,987 | $9.62 | D | 750,200 | I | Omega Charitable Partnership |
| Common StockF3,F1 | May 24, 2016 | S | 66,717 | $9.61 | D | 683,483 | I | Omega Charitable Partnership |
| Common StockF4,F1 | May 25, 2016 | S | 319,083 | $9.62 | D | 364,400 | I | Omega Charitable Partnership |
| Common Stock | holding | — | — | — | 1,200,000 | D | ||
| Common StockF5 | holding | — | — | — | 0 | I | Son, Michael S. Cooperman | |
| Common StockF6 | holding | — | — | — | 0 | I | Son's Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities are held in the account of Omega Charitable Partnership L.P, an exempted limited partnership registered in the Cayman Islands over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.62-$9.68, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.61-$9.62, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.62-$9.63, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
- F5SHARES HELD IN SON'S ACCOUNTS ARE NOT INCLUDED ON THIS FORM BECAUSE IT HAS BEEN DETERMINED THAT THE REPORTING PERSON DOES NOT HAVE A PECUNIARY INTEREST IN SUCH SHARES.
- F6SHARES HELD IN SON'S TRUST ACCOUNTS ARE NOT INCLUDED ON THIS FORM BECAUSE IT HAS BEEN DETERMINED THAT THE REPORTING PERSON DOES NOT HAVE A PECUNIARY INTEREST IN SUCH SHARES