4//SEC Filing
SHUSTEK MICHAEL V 4
Accession 0000899243-21-000497
CIK 0001642985other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 7:00 PM ET
Size
9.4 KB
Accession
0000899243-21-000497
Insider Transaction Report
Form 4
SHUSTEK MICHAEL V
DirectorPresident & CEO
Transactions
- Award
Common Stock
2020-12-31+160,000→ 616,834 total(indirect: Vestin Realty Mortgage I, Inc.) - Award
Common Stock
2020-12-31+240,000→ 1,094,067 total(indirect: Vestin Realty Mortgage II, Inc.)
Holdings
- 2,418(indirect: By Trust)
Common Stock
- 11,005(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]On December 31, 2020, Parking REIT, Inc. ("Issuer") issued 400,000 shares of commons stock to MVP Realty Advisors, LLC ("Manager") pursuant to the Contribution Agreement, dated as of March 29, 2019, among the Issuer, Manager, Vestin Mortgage I, Inc. ("VRM I") (solely for Section 1.01(c) thereof), Vestin Realty Mortgage II, Inc. ("VRM II")(solely for Section 1.01(c) thereof) and Michael V. Shustek ("Reporting Person")(solely for Section 4.03 thereof). VRM I and VRM II own 40% and 60%, respectively, of the Manager's interests. On January 4, 2021, Manager distributed the 400,000 shares to VRM I and VRM II in proportion to their ownership interest. The Reporting Person is a director and executive officer of VRM I and VRM II, and beneficially owns interests in VRM I and VRM II. The Reporting Person disclaims beneficial ownership of the Issuer common stock held by VRM I and VRM II, except to the extent of his pecuniary interest therein.
- [F2]These shares are held by Peggy M. Shustek Trust, FBO Andrew M. Shustek. Mrs. Shustek is the Reporting Person's spouse and his son is Andrew Shustek.
- [F3]Includes 9,107 shares held indirectly by VRM II.
Documents
Issuer
Parking REIT, Inc.
CIK 0001642985
Entity typeother
Related Parties
1- filerCIK 0001088193
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 7:00 PM ET
- Size
- 9.4 KB