Winthrop Realty Trust 4
4 · Winthrop Realty Trust · Filed Jun 17, 2016
Insider Transaction Report
Form 4
ASHNER MICHAEL L
DirectorChairman and CEO10% Owner
Transactions
- Sale
Common Shares of Beneficial Interest
2016-06-16$9.51/sh−5,000$47,550→ 3,009,251 total(indirect: Notes) - Sale
Common Shares of Beneficial Interest
2016-06-17$9.51/sh−5,000$47,550→ 3,004,251 total(indirect: Notes)
Footnotes (3)
- [F1]Shares were sold by the Ashner Family Evergreen Foundation, a New York not-for-profit corporation (the "Foundation"), an entity which the Reporting Person is a director, in order to satisfy the Foundation's charitable commitments. The Reporting Person had previously disclaimed beneficial ownership of the shares sold by the Foundation.
- [F2]by FUR Investors LLC ("Investors"); (ii) 287,882 shares held directly by Michael L. Ashner and his wife; and (iii) 45,000 shares held by the Foundation
- [F3]The Reporting Person disclaims beneficial ownership of the shares held by the Foundation. For purposes of Section 16 of the Act: (i) Investors beneficially owns 2,671,369 shares of Beneficial Interest, (ii) FUR Holdings LLC beneficially owns the number of shares of Beneficial Interest listed by Investors as held by Investors, (iii) WEM-FUR Investors LLC ("WEM") beneficially owns 1,621,733 shares of Beneficial Interest and (iv) Mr. Ashner owns 1,282,518 of the shares beneficially owned by WEM. The shares held by Investors are subject to distribution to its members at any time upon request of such member