SEC Form 4 · accession 0000900440-17-000099
CONDOR HOSPITALITY TRUST, INC. · CDOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
IRSA INVESTMENTS & REPRESENTATIONS INC
Director · 10% Owner
CRESUD INC
Director · 10% Owner
Eduardo S Elsztain
Director · 10% Owner
CONSULTORES VENTURE CAPITAL URUGUAY STOCK CORP
Director · 10% Owner
INVERSIONES FINANCIERAS DEL SUR STOCK CORP
Director · 10% Owner
CONSULTORES ASSETS MANAGEMENT STOCK CORP
Director · 10% Owner
CONSULTORES VENTURE CAPITAL LTD
Director · 10% Owner
AGROINVESTMENT STOCK CORP
Director · 10% Owner
Ifis LTD
Director · 10% Owner
REAL ESTATE STRATEGIES LP
Director · 10% Owner
Period of report
Sep 28, 2017
Accepted (ET)
Oct 2, 2017 · 7:01 pm EDT
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 StockF1,F2 | Sep 28, 2017 | M | 23,160 | $0.0065 | A | 3,289,536 | D | |
| Common StockF1,F2 | holding | — | — | — | 48,076 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (option to purchase)F1,F2,F3 | $0.0065 | Sep 28, 2017 | M | 23,160 | D | Jan 24, 2017 | Jan 24, 2019 | Common Stock | 23,160 | 0 | D |
Explanation of responses
- F1Share and warrant numbers and exercise price have been adjusted to reflect the 6.5-to-1 reverse stock split of the Issuer's common stock that occurred on March 15, 2017.
- F2Members of the board of directors of the Issuer were designated by contractual right by Real Estate Strategies, LP, 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.
- 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 Comercial, Consultores Venture Capital Uruguay, S.A., 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.