SEC Form 4 · accession 0001140361-16-079450
RESOURCE AMERICA, INC. · REXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Z Cohen
Officer — CEO & President · Director
Period of report
Sep 8, 2016
Accepted (ET)
Sep 12, 2016 · 12:10 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 StockF1 | Sep 8, 2016 | D | 1,774,366 | — | D | 0 | D | |
| Common StockF1,F2 | Sep 8, 2016 | D | 1,487,313 | — | D | 0 | I | By Foundation |
| Common StockF1,F3 | Sep 8, 2016 | D | 46,250 | — | D | 0 | I | By Trust |
| Common StockF1 | Sep 8, 2016 | D | 67,989 | — | D | 0 | I | By 401(K) Plan Account |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the merger (the "Merger") of the Issuer with and into Regent Acquisition Inc. ("Regent"), a subsidiary of C-III Capital Partners LLC ("C-III"), pursuant to that certain Agreement and Plan of Merger dated as of May 22, 2016, by and among the Issuer, C-III and Regent, the Reporting Person received $9.78 in cash for each share of common stock and each restricted stock award and deferred stock unit award of the Issuer owned by the Reporting Person.
- F2The reporting person is a trustee of Arete Foundation, a charitable foundation. The reporting person disclaims beneficial ownership of these securities.
- F3The reporting person disclaims beneficial ownership of these shares.