Eldridge Industries, LLC 4
4 · ESSENTIAL PROPERTIES REALTY TRUST, INC. · Filed Jun 27, 2018
Insider Transaction Report
Form 4
Eldridge Industries, LLC
10% Owner
Transactions
- Purchase
Common Stock
2018-06-25$14.00/sh+7,785,611$108,998,554→ 7,785,611 total(indirect: by Security Benefit Life Insurance Company) - Purchase
OP Units
2018-06-25$14.00/sh+1,142,960$16,001,440→ 1,142,960 total(indirect: by Security Benefit Life Insurance Company)→ Common Stock (1,142,960 underlying)
Holdings
- 17,913,592(indirect: By LLC)
OP Units
→ Common Stock (17,913,592 underlying)
Footnotes (3)
- [F1]Each OP Unit represents a unit of limited partnership interest in Essential Properties, L.P., the operating partnership through which the Issuer conducts its operations. Each OP Unit is redeemable for cash or, at the election of the Issuer, shares of common stock of the Issuer on a one-for-one basis, beginning one year after the issuance of the OP Units. The OP Units have no expiration date.
- [F2]These Shares and OP Units are held directly by Security Benefit Life Insurance Company. Eldridge Industries, LLC, as the indirect control person over Security Benefit Life Insurance Company, is deemed to beneficially own the Shares and OP Units held directly by Security Benefit Life Insurance Company. Todd L. Boehly, the indirect controlling member of Eldridge Industries, LLC, may be deemed to have voting and dispositive power with respect to the Shares and OP Units beneficially owned by Eldridge Industries, LLC. Mr. Boehly disclaims beneficial ownership of the Shares and OP Units beneficially owned by Eldridge Industries, LLC, except to the extent of his pecuniary interest therein.
- [F3]These OP Units are held directly by EPRT Holdings, LLC. EPRT Holdings, LLC is indirectly controlled by Eldridge Industries, LLC. Todd L. Boehly, the indirect controlling member of Eldridge Industries, LLC, may be deemed to have voting and dispositive power with respect to the OP Units beneficially owned by EPRT Holdings, LLC. Mr. Boehly disclaims beneficial ownership of the OP Units held by EPRT Holdings, LLC, except to the extent of his pecuniary interest therein.