SEC Form 4 · accession 0000900440-17-000019
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
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 8:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000929545
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 28, 2017 | C | 20,282,225 | $1.60 | A | 21,213,448 | D | |
| Common Stock | holding | — | — | — | 312,500 | I | Efanur, S.A., an affiliate |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series D Cumulative Convertible Preferred StockF2,F1 | $1.60 | Feb 28, 2017 | C | 3,245,156 | D | Mar 16, 2016 | — | Common Stock | 20,282,225 | 0 | D |
| Series E Cumulative Convertible Preferred StockF2,F3 | $2.13 | Feb 28, 2017 | A | 487,738 | A | Feb 28, 2019 | — | Common Stock | 2,289,849 | 487,738 | D |
Explanation of responses
- F1The Series D Cumulative Convertible Preferred Stock does not have an expiration date.
- F2Members of the board of directors of the Issuer were designated by contractual right by Real Estate Strategies LLC, and as a result for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the reporting persons are deemed to be directors of the Issuer by deputization.
- F3The Series E Cumulative Convertible Preferred Stock does not have an expiration date.
Remarks
This 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 Comercial, 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.