4//SEC Filing
KKR Group Partnership L.P. 4
Accession 0001140361-20-028637
CIK 0001631596other
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 6:17 PM ET
Size
21.2 KB
Accession
0001140361-20-028637
Insider Transaction Report
Form 4
KKR Management LLC
10% Owner
Transactions
- Sale
Common Stock
2020-12-14$18.51/sh−9,139$169,163→ 1,446,445 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-15$18.71/sh−24,187$452,539→ 1,422,258 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-16$18.54/sh−39,847$738,763→ 1,382,411 total(indirect: See Footnotes)
Holdings
- 20,000,000(indirect: See Footnotes)
Common Stock
KKR & Co. L.P.
10% Owner
Transactions
- Sale
Common Stock
2020-12-14$18.51/sh−9,139$169,163→ 1,446,445 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-15$18.71/sh−24,187$452,539→ 1,422,258 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-16$18.54/sh−39,847$738,763→ 1,382,411 total(indirect: See Footnotes)
Holdings
- 20,000,000(indirect: See Footnotes)
Common Stock
KKR Group Holdings Corp.
10% Owner
Transactions
- Sale
Common Stock
2020-12-14$18.51/sh−9,139$169,163→ 1,446,445 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-15$18.71/sh−24,187$452,539→ 1,422,258 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-16$18.54/sh−39,847$738,763→ 1,382,411 total(indirect: See Footnotes)
Holdings
- 20,000,000(indirect: See Footnotes)
Common Stock
KKR Fund Holdings L.P.
10% Owner
Transactions
- Sale
Common Stock
2020-12-15$18.71/sh−24,187$452,539→ 1,422,258 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-14$18.51/sh−9,139$169,163→ 1,446,445 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-16$18.54/sh−39,847$738,763→ 1,382,411 total(indirect: See Footnotes)
Holdings
- 20,000,000(indirect: See Footnotes)
Common Stock
ROBERTS GEORGE R
10% Owner
Transactions
- Sale
Common Stock
2020-12-15$18.71/sh−24,187$452,539→ 1,422,258 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-14$18.51/sh−9,139$169,163→ 1,446,445 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-16$18.54/sh−39,847$738,763→ 1,382,411 total(indirect: See Footnotes)
Holdings
- 20,000,000(indirect: See Footnotes)
Common Stock
KRAVIS HENRY R
10% Owner
Transactions
- Sale
Common Stock
2020-12-14$18.51/sh−9,139$169,163→ 1,446,445 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-15$18.71/sh−24,187$452,539→ 1,422,258 total(indirect: See Footnotes) - Sale
Common Stock
2020-12-16$18.54/sh−39,847$738,763→ 1,382,411 total(indirect: See Footnotes)
Holdings
- 20,000,000(indirect: See Footnotes)
Common Stock
Footnotes (8)
- [F1]Represents 20,000,000 shares of common stock ("Common Stock") of KKR Real Estate Finance Trust Inc. (the "Issuer") held by KKR REFT Holdings L.P. continuously since the initial public offering of the Issuer. KKR REFT Holdings L.P. did not sell any shares reported in this Form 4. As described below, this Form 4 is being filed to report the sale of shares by a vehicle holding shares primarily for the benefit of a third party unaffiliated with KKR.
- [F2]The price reported is a weighted average price per share of Common Stock of the Issuer sold by Tactical Value SPN-KREF Holdings L.P., a vehicle holding shares primarily for the benefit of a third party unaffiliated with KKR. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.54, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The price reported is a weighted average price per share of Common Stock of the Issuer sold by Tactical Value SPN-KREF Holdings L.P., a vehicle holding shares primarily for the benefit of a third party unaffiliated with KKR. These shares were sold in multiple transactions at prices ranging from $18.64 to $18.77, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported is a weighted average price per share of Common Stock of the Issuer sold by Tactical Value SPN-KREF Holdings L.P., a vehicle holding shares primarily for the benefit of a third party unaffiliated with KKR. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.84, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The general partner of KKR REFT Holdings L.P. is KKR REFT Holdings GP LLC, which is wholly owned by KKR REFT Asset Holdings LLC. KKR REFT Asset Holdings LLC is owned by KKR Group Partnership L.P. and KKR Financial Holdings LLC, whose common shares are wholly owned by KKR Group Partnership L.P. The general partner of KKR Group Partnership L.P. is KKR Group Holdings Corp.
- [F6]Shares of Common Stock of the Issuer are held by Tactical Value SPN-KREF Holdings L.P. The general partner of Tactical Value SPN-KREF Holdings L.P. is Tactical Value SPN-SPV GP LLC, the sole member of which is KKR Tactical Value SPN L.P., the general partner of which is KKR Associates TV SPN L.P. The general partner of KKR Associates TV SPN L.P. is KKR TV SPN GP Limited, the sole shareholder of which is KKR Group Partnership L.P. The general partner of KKR Group Partnership L.P. is KKR Group Holdings Corp.
- [F7]KKR & Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.
- [F8]Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.
Documents
Issuer
KKR Real Estate Finance Trust Inc.
CIK 0001631596
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001472698
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 6:17 PM ET
- Size
- 21.2 KB