4//SEC Filing
LUEBBERS KEVIN M 4
Accession 0000950138-20-000179
CIK 0001784797other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 4:20 PM ET
Size
10.4 KB
Accession
0000950138-20-000179
Insider Transaction Report
Form 4
LUEBBERS KEVIN M
Director
Transactions
- Purchase
Common Stock
2020-03-18$6.54/sh+5,000$32,688→ 23,613 total - Purchase
Common Stock
2020-03-18$6.21/sh+5,000$31,050→ 28,613 total - Purchase
Common Stock
2020-03-18$6.86/sh+5,000$34,292→ 13,613 total - Purchase
Common Stock
2020-03-18$6.76/sh+5,000$33,799→ 18,613 total
Footnotes (2)
- [F1]Mr. Luebbers served as a consultant to Trinity Real Estate Investments LLC ("Trinity Investments") from October 2019 to November 2019, pursuant to a consulting agreement. Mr. Luebbers's consulting agreement provides for a success fee payable by Trinity Investments to Mr. Luebbers in connection with the completion of the Issuer's business combination on November 14, 2019, pursuant to which Mr. Luebbers will receive 137,305 shares of the Issuer's common stock (the "Common Stock") and 259 warrants (the "Warrants") issued by the Issuer held by HN Investors LLC and expected to be transferred to Trinity Investments following the expiration of the lock-up agreement to which HN Investors LLC is a party.
- [F2]These shares of Common Stock and the Warrants are expected to represent, in the aggregate, a less than 1% beneficial ownership interest by Mr. Luebbers in the Issuer. Instead of transferring these securities to Mr. Luebbers, Trinity Investments may, at its election, pay the success fee in cash in an amount equal to the value of these securities.
Documents
Issuer
Broadmark Realty Capital Inc.
CIK 0001784797
Entity typeother
Related Parties
1- filerCIK 0001191838
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 4:20 PM ET
- Size
- 10.4 KB