SEC Form 4 · accession 0000900440-17-000005
CONDOR HOSPITALITY TRUST, INC. · CDOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
TYRUS STOCK CORP
Director · 10% Owner
JIWIN STOCK CORP
Director · 10% Owner
EFANUR Stock Corp.
Director · 10% Owner
Period of report
Jan 24, 2017
Accepted (ET)
Jan 26, 2017 · 5:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000929545
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (option to purchase)F1,F2,F3 | $0.001 | Jan 24, 2017 | A | 150,540 | A | Jan 24, 2017 | Jan 24, 2019 | Common Stock | 150,540 | 150,540 | D |
| Warrant (option to purchase)F1,F2,F3 | $1.92 | Jan 24, 2017 | D | 3,750,000 | D | Feb 1, 2012 | Jan 31, 2017 | Common Stock | 3,750,000 | 0 | D |
Explanation of responses
- F1The reporting person exchanged 3,750,000 warrants and received 150,540 warrants in an issuer exchange offer under Section 3(a)(9) of the Securities Act of 1934, as amended, and also exempt transaction under Rule 16b-7.
- F2Members of the board of directors of the Issuer were designated by contractual right by Real Estate Strategies L.P., and as a result, for purposes of Section 16 of the Securities Act of 1934, as amended, the reporting persons are deemed to be directors of the Issuer by deputization.
- F3This Form 4 is being filed in two parts due to the ten person reporting limitation of the electronic filing system. Part 1 is being filed by the following persons: Eduardo S. Elsztain, Consultores Assets Management, S.A., Consultores Venture Capital Limited, Cresud Sociedad Anonima Comerical, Consultores Venture Capital Uruguay, SA, Agroinvestment S.A., Real Estate Strategies L.P., IRSA Inversiones y Representaciones Sociedad Anonima, IFIS Limited, and Inversiones Financieras del Sur S.A. Part 2 is being filed by the following persons: Efanur S.A., Tyrus S.A., and Jiwin S.A.