PORTNOY BARRY M. 4
4 · Tremont Mortgage Trust · Filed Nov 14, 2017
Insider Transaction Report
Form 4
PORTNOY BARRY M
Director10% Owner
Transactions
- Award
Common Shares of Beneficial Interest
2017-11-13+1,500→ 1,500 total
Holdings
- 600,100(indirect: See Footnote)
Common Shares of Beneficial Interest
Footnotes (2)
- [F1]Transaction reported is grant of shares pursuant to the Issuer's equity compensation plan.
- [F2]Shares are held by Tremont Realty Advisors LLC ("TRA"). TRA is a direct wholly owned subsidiary of The RMR Group LLC ("RMR LLC"), which is a direct majority owned operating subsidiary of The RMR Group Inc. ("RMR INC"), of which Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is holder of a majority of the shares of beneficial interest in, and a trustee of, ABP Trust. Mr. Portnoy is also a beneficial owner and director of TRA. ABP Trust, RMR INC, RMR LLC and Mr. Portnoy may be deemed to beneficially own the shares owned directly by TRA. Mr. Portnoy disclaims beneficial ownership of the shares owned by TRA except to the extent of his pecuniary interest therein.