4//SEC Filing
Thomas Warren 4
Accession 0000908834-23-000128
CIK 0001771514other
Filed
Oct 16, 8:00 PM ET
Accepted
Oct 17, 4:00 PM ET
Size
7.6 KB
Accession
0000908834-23-000128
Insider Transaction Report
Form 4
Thomas Warren
Director
Transactions
- Other
Operating Partnership Units
2023-08-31$28.05/sh+4,891$137,193→ 53,887 total(indirect: By LLC)→ Class I Common Shares of beneficial interest (4,891 underlying)
Holdings
- 1,908
Class A Common Shares of beneficial interest
Footnotes (3)
- [F1]Represents common units of limited partnership interest in ExchangeRight Income Fund Operating Partnership, LP (the "Operating Partnership") ("Operating Partnership Units"), which may, subject to certain restrictions, be exchanged for a corresponding number of Class I Common Shares of beneficial interest, $0.01 par value per share, of ExchangeRight Income Fund. Operating Partnership Units do not expire.
- [F2]The Operating Partnership Units reported herein were acquired by W&R Thomas, LLC ("WRT"), which is a family limited liability company owned by Mr. Thomas and his spouse, in connection with the merger of a Delaware Statutory Trust ("DST") in which WRT held an interest and a wholly-owned subsidiary of the Operating Partnership (the "Merger"). The Merger closed on August 31, 2023. Pursuant to the Merger, WRT received the right to elect either cash or Operating Partnership Units in exchange for its interest in the DST. In the Merger, WRT elected to receive Operating Partnership Units in exchange for its DST interests.
- [F3]Represents Operating Partnership Units held directly by WRT, which is a family limited liability company owned by Mr. Thomas and his spouse. Mr. Thomas is the managing member of WRT, and in this capacity exercises sole voting and dispositive power with respect to the securities held by WRT. Mr. Thomas disclaims beneficial ownership with respect to the securities directly held by WRT.
Documents
Issuer
ExchangeRight Income Fund
CIK 0001771514
Entity typeother
Related Parties
1- filerCIK 0001982216
Filing Metadata
- Form type
- 4
- Filed
- Oct 16, 8:00 PM ET
- Accepted
- Oct 17, 4:00 PM ET
- Size
- 7.6 KB