4//SEC Filing
Bowie Stephen R. 4
Accession 0000899243-20-007464
CIK 0001651286other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 4:54 PM ET
Size
9.7 KB
Accession
0000899243-20-007464
Insider Transaction Report
Form 4
Bowie Stephen R.
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2020-03-06−1,187.13→ 0 total - Disposition to Issuer
Class A Common Stock
2020-03-06−6,530.16→ 0 total(indirect: By Trust) - Disposition to Issuer
Class A Common Stock
2020-03-06−1,187.13→ 0 total(indirect: By Spouse)
Footnotes (3)
- [F1]Reflects the disposition of shares of issuer's common stock in connection with the merger (the "Merger") of the issuer with and into SIII Subsidiary, LLC, a wholly-owned subsidiary of Steadfast Apartment REIT, Inc. ("STAR"). In the Merger, each share of issuer's common stock, par value $0.01 per share ("STAR III Common Stock"), was converted into the right to receive 1.430 shares of Common Stock of STAR ("STAR Common Stock"), par value $0.01 per share. Pursuant to the agreement and plan of merger governing the Merger, the parties thereto agreed that the current value of the 1.430 shares of STAR Common Stock to be received per STAR III Common Stock is equivalent to $22.651, which is based on STAR's most recently estimated per share net asset value per share of $15.84.
- [F2]In connection with the Merger, Stephen Bowie Family Trust disposed of 6,530.16 shares of STAR III Common Stock. As of the date of completion of the Merger, the Reporting Person did not beneficially own any shares of STAR III Common Stock. The Reporting Person disclaims beneficial ownership of the shares of STAR III Common Stock held by Stephen Bowie Family Trust.
- [F3]In connection with the Merger, the Reporting Person's spouse, disposed of 1,187.13 shares of STAR III Common Stock. As of the date of completion of the Merger, the Reporting Person did not beneficially own any shares of STAR III Common Stock. The Reporting Person disclaims beneficial ownership of the shares of STAR III Common Stock held by the Reporting Person's spouse.
Documents
Issuer
Steadfast Apartment REIT III, Inc.
CIK 0001651286
Entity typeother
Related Parties
1- filerCIK 0001702095
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 4:54 PM ET
- Size
- 9.7 KB