4/A//SEC Filing
SHUSTEK MICHAEL V 4/A
Accession 0001088193-19-000002
CIK 0001642985other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 1:22 PM ET
Size
9.8 KB
Accession
0001088193-19-000002
Insider Transaction Report
Form 4/AAmended
SHUSTEK MICHAEL V
DirectorPresident & CEO
Transactions
- Award
Common Stock
2019-04-08+240,000→ 604,960 total(indirect: Vestin Realty Mortgage II, Inc.) - Award
Common Stock
2019-04-08+160,000→ 296,834 total(indirect: Vestin Realty Mortgage I, Inc.)
Holdings
- 2,418(indirect: By Trust)
Common Stock
- 11,005(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]On April 1, 2019, Parking REIT, Inc. ("Issuer") issued 400,000 shares of commons stock to MVP Realty Advisors, LLC ("Manager") pursuant to the Contribution Agreement, dated as of March 29, 2019, among the Issuer, Manager, Vestin Mortgage I, Inc. ("VRM I") (solely for Section 1.01(c) thereof), Vestin Realty Mortgage II, Inc. ("VRM II")(solely for Section 1.01(c) thereof)and Michael V. Shustek ("Reporting Person")(solely for Section 4.03 thereof). VRM I and VRM II own 40% and 60%, respectively, of the Manager's interests. On April 8,2019, Manager distributed the 400,000 shares to VRM I and VRM II in proportion to their ownership interest. The Reporting Person is a director and executive officer of VRM I and VRM II, and beneficially owns approximately 18.25% and 33.56% of VRM I and VRM II, respectively. The Reporting Person disclaims beneficial ownership of the Issuer common stock held by VRM I and VRM II.
- [F2]These shares are held by Peggy M. Shustek Trust, FBO Andrew M. Shustek. Mrs. Shustek is the Reporting Person's spouse and his son is Andrew Shustek.
- [F3]These shares were previously held by MVP Capital Partners LLC, a company wholly owned by the Reporting Person, and transferred to Michael V. Shustek LLC, another company wholly owned by the Reporting Person.
- [F4]The share information set forth in this Form 4 include shares of the Issuer's common stock issued as part of the Issuer's distribution reinvestment plan since the Reporting Person's filing of its prior Form 4 on December 27, 2017.
Documents
Issuer
Parking REIT, Inc.
CIK 0001642985
Entity typeother
Related Parties
1- filerCIK 0001088193
Filing Metadata
- Form type
- 4/A
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 1:22 PM ET
- Size
- 9.8 KB