4//SEC Filing
Barker Scot B 4
Accession 0000899243-20-007488
CIK 0001468010other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 5:04 PM ET
Size
9.8 KB
Accession
0000899243-20-007488
Insider Transaction Report
Form 4
Barker Scot B
Director
Transactions
- Disposition to Issuer
Common Stock
2020-03-06−35,853.834→ 0 total - Disposition to Issuer
Common Stock
2020-03-06−5,847.953→ 0 total(indirect: By IRA) - Disposition to Issuer
Common Stock
2020-03-06−2,850.627→ 0 total(indirect: JTWROS)
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 SI 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, ("SIR Common Stock"), was converted into the right to receive 0.5934 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 0.5934 share of STAR Common Stock to be received per SIR Common Stock is equivalent to $9.399, which is based on STAR's most recently estimated per share net asset value per share of $15.84.
- [F2]In connection with the REIT Merger, the Reporting Person's IRA disposed of 5,847.953 shares of SIR Common Stock. As of the date of completion of the REIT Merger, the Reporting Person did not beneficially own any shares of SIR Common Stock. The Reporting Person disclaimed beneficial ownership of the shares of SIR Common Stock that were held in the Reporting Person's IRA.
- [F3]In connection with the REIT Merger, the Reporting Person and his spouse's JTWROS disposed of 2,850.627 shares of SIR Common Stock. As of the date of completion of the REIT Merger, the Reporting Person did not beneficially own any shares of SIR Common Stock. The Reporting Person disclaimed beneficial ownership of the shares of SIR Common Stock that were held in the JTWROS.
Documents
Issuer
Steadfast Income REIT, Inc.
CIK 0001468010
Entity typeother
Related Parties
1- filerCIK 0001548302
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 5:04 PM ET
- Size
- 9.8 KB