4//SEC Filing
Elliott Thomas C 4
Accession 0000899243-21-003951
CIK 0001466225other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 9:07 PM ET
Size
8.4 KB
Accession
0000899243-21-003951
Insider Transaction Report
Form 4
Elliott Thomas C
See Remarks
Transactions
- Disposition to Issuer
Common Stock
2021-01-28−141,423→ 0 total - Disposition to Issuer
Convertible Stock
2021-01-28−1,008→ 0 total→ Common Stock (1,008 underlying)
Footnotes (3)
- [F1]Reflects the disposition of restricted stock granted under the Issuer's 2020 Long-Term Incentive Plan (the "2020 LTIP") in connection with the merger (the "Merger") of the Issuer with and into Revolution I Merger Sub, LLC, an indirect subsidiary of Resource REIT, Inc. ("Resource REIT"). The 2020 LTIP and the outstanding restricted stock awarded thereunder were assumed and continued by Resource REIT at the effective time of the Merger. The outstanding restricted stock awards under the 2020 LTIP were adjusted to be awards with respect to the common stock of Resource REIT, par value $0.01 per share. Restricted stock awarded under the 2020 LTIP vest in two tranches - 40% of the total number of shares vested upon the consummation of the Merger and 60% of the total number of shares will vest upon a liquidity event so long as the reporting person remains continuously employed through such vesting date.
- [F2](Continued from footnote 1) The vesting of shares awarded to the Reporting Person under the 2020 LTIP in connection with the Merger is reported on the Reporting Person's Form 4 for Resource REIT filed with the SEC on February 1, 2021.
- [F3]Reflects the disposition of shares of the Issuer's convertible stock in connection with the Merger. In the Merger, each share of the Issuer's convertible stock, par value $0.01 per share, was converted into the right to receive $0.02 in cash (without interest).
Documents
Issuer
Resource Real Estate Opportunity REIT, Inc.
CIK 0001466225
Entity typeother
Related Parties
1- filerCIK 0001332163
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 9:07 PM ET
- Size
- 8.4 KB