4//SEC Filing
New York REIT, Inc. 4
Accession 0001144204-16-116283
CIK 0001474464operating
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 5:01 PM ET
Size
7.7 KB
Accession
0001144204-16-116283
Insider Transaction Report
Form 4
KAHANE WILLIAM M
Director
Transactions
- Conversion
Operating Partnership Units
2016-08-01−87,637→ 0 total→ Common Stock (87,637 underlying) - Conversion
Common Stock
2016-08-01$9.48/sh+87,637$830,799→ 490,884 total
Footnotes (2)
- [F1]On August 1, 2016, the reporting person redeemed 87,637 units of limited partnership interest ("OP Units") in New York Recovery Operating Partnership, L.P. (the "Operating Partnership") in exchange for 87,637 shares of common stock of New York REIT, Inc. (the "Company") in accordance with the terms and conditions of the limited partnership agreement of the Operating Partnership.
- [F2]OP Units are exchangeable for cash or, at the option of the Operating Partnership, shares of the Company's common stock on a one-to-one basis. OP Units are exchangeable, except under certain limited circumstances, beginning one year from the date of issuance, which includes the holding period of any units that were converted into OP Units, and have no expiration date.
Documents
Issuer
New York REIT, Inc.
CIK 0001474464
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001474464
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 5:01 PM ET
- Size
- 7.7 KB