4//SEC Filing
SHUSTEK MICHAEL V 4
Accession 0001088193-17-000006
CIK 0001642985other
Filed
Dec 26, 7:00 PM ET
Accepted
Dec 27, 6:36 PM ET
Size
12.2 KB
Accession
0001088193-17-000006
Insider Transaction Report
Form 4
SHUSTEK MICHAEL V
DirectorPresident & CEO
Transactions
- Award
Common Stock
2017-12-15+2,400→ 13,269 total(indirect: By Trust) - Award
Common Stock
2017-12-15+10,869→ 13,269 total(indirect: By LLC) - Award
Common Stock
2017-12-15+134,875→ 134,875 total(indirect: Vestin Realty Mortgage I, Inc.) - Award
Common Stock
2017-12-15+317,382→ 359,546 total(indirect: Vestin Realty Mortgage II, Inc.)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as May 26, 2017 (the "Merger Agreement"), by and among MVP REIT, Inc., MVP REIT II, Inc. (now known as The Parking REIT, Inc.) and a wholly owned subsidiary of The Parking REIT, Inc., upon the consummation of the merger contemplated by the Merger Agreement (the "Merger") on December 15, 2017, each share of MVP REIT, Inc. common stock held by the reporting person prior to the effective time of the Merger was converted into the right to receive 0.365 of a share of common stock of The Parking REIT, Inc., with cash paid in lieu of any fractional shares as provided in the Merger Agreement.
- [F2]These shares are held by Peggy M. Shustek Trust, FBO Andrew M. Shustek. Mrs. Shustek is Mr. Shustek's spouse and his son is Andrew Shustek.
- [F3]These shares are held by MVP Capital Partners LLC, a company wholly owned by Mr. Shustek.
- [F4]Vestin Realty Mortgage II, Inc. ("VRM II") owns an aggregate of 359,546 shares of the Issuer's common stock. Michael V. Shustek is a director and executive officer of VRM II, and owns 500 shares of VRM II common stock as of the date hereof, which represents approximately 30% of the total outstanding VRM II shares as of the date hereof. Mr. Shustek disclaims beneficial ownership of the Issuer common stock held by VRM II.
- [F5]Vestin Realty Mortgage I, Inc. ("VRM I") owns an aggregate of 134,875 shares of the Issuer's common stock. Michael V. Shustek is a director and executive officer of VRM I, and owns 156,113 shares of VRM I common stock as of the date hereof, which represents approximately 13% of the total outstanding VRM I shares as of the date hereof. Mr. Shustek disclaims beneficial ownership of the Issuer common stock held by VRM I.
Documents
Issuer
Parking REIT, Inc.
CIK 0001642985
Entity typeother
Related Parties
1- filerCIK 0001088193
Filing Metadata
- Form type
- 4
- Filed
- Dec 26, 7:00 PM ET
- Accepted
- Dec 27, 6:36 PM ET
- Size
- 12.2 KB