4//SEC Filing
JIWIN STOCK CORP 4
Accession 0000900440-21-000138
CIK 0000929545other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 4:04 PM ET
Size
35.3 KB
Accession
0000900440-21-000138
Insider Transaction Report
Form 4
Real Estate Investment Group VII L.P.
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2021-07-29+1,416,586→ 4,754,198 total - Exercise/Conversion
Series E Cumulative Convertible Preferred Stock
2021-07-29−487,738→ 0 total→ Common Stock (1,416,586 underlying)
JIWIN STOCK CORP
10% Owner
Transactions
- Exercise/Conversion
Series E Cumulative Convertible Preferred Stock
2021-07-29−487,738→ 0 total→ Common Stock (1,416,586 underlying) - Exercise/Conversion
Common Stock
2021-07-29+1,416,586→ 4,754,198 total
EFANUR Stock Corp.
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2021-07-29+1,416,586→ 4,754,198 total - Exercise/Conversion
Series E Cumulative Convertible Preferred Stock
2021-07-29−487,738→ 0 total→ Common Stock (1,416,586 underlying)
TYRUS STOCK CORP
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2021-07-29+1,416,586→ 4,754,198 total - Exercise/Conversion
Series E Cumulative Convertible Preferred Stock
2021-07-29−487,738→ 0 total→ Common Stock (1,416,586 underlying)
Footnotes (2)
- [F1]The reporting group elected to exercise its right to require the Issuer to redeem all 487,738 shares of the Series E Stock (the "Shares") held by the reporting group at a value per share equal to 130% of the $10 liquidation preference of the Shares, plus accrued and unpaid dividends, on July 29, 2021, pursuant to the terms of the Shares. The Issuer had the right to redeem the Shares with cash or by issuing shares of common stock, and a special committee of independent directors of the board of directors of the Issuer unanimously approved redemption of the Shares with shares of common stock. (Continued at Footnote 2)
- [F2](Continued from Footnote 1) For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the reporting group is deemed a Director by Deputization by virtue of its representation on the Board of Directors of the Issuer. The number of shares of common stock issued to effect redemption of the Shares equals 1,416,586 shares of common stock based on the weighted market sale price average of the common stock for the applicable thirty trading day period of $4.90 per share.
Documents
Issuer
CONDOR HOSPITALITY TRUST, INC.
CIK 0000929545
Entity typeother
IncorporatedUruguay
Related Parties
1- filerCIK 0001478101
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 4:04 PM ET
- Size
- 35.3 KB