Spirit Realty, L.P. 4
4 · Spirit MTA REIT · Filed May 22, 2018
Insider Transaction Report
Form 4
Spirit MTA REITSMTA
SPIRIT REALTY CAPITAL, INC.
10% Owner
Transactions
- Other
Common shares of beneficial interest
2018-05-18−42,851,011→ 0 total(indirect: See footnote)
Footnotes (3)
- [F1]On or about May 31, 2018, Spirit Realty Capital, Inc. ("Spirit") will make a pro rata distribution of 100% of the outstanding common shares of the Issuer to Spirit stockholders of record as of May 18, 2018 (the "Distribution"). On or prior to the date of the Distribution, SMTA will recapitalize the SMTA common shares then held by Spirit Realty, L.P. such that Spirit will distribute to its stockholders one SMTA common share for every ten shares of Spirit common stock held by stockholders of Spirit as of the close of business on May 18, 2018.
- [F2]Reported number of shares reflects the recapitalization of the SMTA common shares that is expected to occur on or prior to the date of the Distribution based on the number of shares of Spirit common stock outstanding as of the close of business on May 18, 2018.
- [F3]The shares will be directly owned by Spirit Realty, L.P. until immediately prior to the Distribution. Spirit General OP Holdings, LLC, a wholly-owned subsidiary of Spirit Realty Capital, Inc., is the general partner of Spirit Realty, L.P.