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4//SEC Filing

Trade Street Residential, Inc. 4

Accession 0000902664-15-003707

CIK 0001299901operating

Filed

Sep 20, 8:00 PM ET

Accepted

Sep 21, 4:17 PM ET

Size

10.9 KB

Accession

0000902664-15-003707

Insider Transaction Report

Form 4
Period: 2015-09-17
Klabin Alexander
Director10% OwnerOther
Transactions
  • Other

    Common Stock, par value $0.01

    2015-09-179,316,0550 total(indirect: See foonote)
Senator Investment Group LP
Director10% OwnerOther
Transactions
  • Other

    Common Stock, par value $0.01

    2015-09-179,316,0550 total(indirect: See foonote)
Silverman Douglas
Director10% OwnerOther
Transactions
  • Other

    Common Stock, par value $0.01

    2015-09-179,316,0550 total(indirect: See foonote)
Footnotes (2)
  • [F1]Each share of Common Stock of the Issuer was disposed of pursuant to the Agreement and Plan of Merger dated as of May 11, 2015, by and among Independence Realty Trust, Inc. ("IRT"), Independence Realty Operating Partnership, LP, IRT's operating partnership ("IROP"), Adventure Merger Sub LLC, a direct wholly-owned subsidiary of IROP, IRT Limited Partner, LLC, a direct wholly-owned subsidiary of IRT, the Issuer, and Trade Street Operating Partnership, LP, the Issuer's operating partnership, for $3.80 and 0.4108 share of IRT's common stock, par value $0.01 per share ("IRT Common Stock"). Based on the closing price of IRT Common Stock on the NYSE MKT of $7.27 on September 16, 2015, the aggregate value of the per share merger consideration equals $6.79, comprised of $3.80 of cash and 0.4108 share of IRT Common Stock with a market value of $2.99.
  • [F2]Senator Investment Group LP, a Delaware limited partnership, ("Senator") serves as investment manager to certain investment funds the ("Funds") and has investment discretion with respect to the securities reported herein which are held by the Funds. Messrs. Douglas Silverman and Alexander Klabin are each Co-Chief Executive Officers of Senator. The general partner of Senator is Senator Management LLC (the "Senator GP"). Messrs. Silverman and Klabin indirectly control the Senator GP. The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.

Issuer

Trade Street Residential, Inc.

CIK 0001299901

Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0001299901

Filing Metadata

Form type
4
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 4:17 PM ET
Size
10.9 KB