4//SEC Filing
Swann Christopher 4
Accession 0001193805-22-001280
CIK 0000077281other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 9:00 AM ET
Size
36.8 KB
Accession
0001193805-22-001280
Insider Transaction Report
Form 4
Swann Christopher
Director
Transactions
- Purchase
Series D Preferred Shares, par value $0.01 per share
2022-09-14$3.21/sh+145,518$466,574→ 302,440 total(indirect: By LLC) - Purchase
Series C Preferred Shares, par value $0.01 per share
2022-09-15$3.35/sh+28,000$93,722→ 86,750 total(indirect: By LLC) - Sale
Shares of Beneficial Interest, par value $1.00 per share
2022-09-14$3.74/sh−66$247→ 0 total - Sale
Shares of Beneficial Interest, par value $1.00 per share
2022-09-14$3.74/sh−12,666$47,346→ 0 total(indirect: By Spouse) - Purchase
Shares of Beneficial Interest, par value $1.00 per share
2022-09-14$4.08/sh+12,732$52,010→ 67,322 total(indirect: By LLC) - Purchase
Series B Preferred Shares, par value $0.01 per share
2022-09-14$3.25/sh+126,465$411,011→ 179,388 total(indirect: By LLC) - Sale
Series D Preferred Shares, par value $0.01 per share
2022-09-14$2.95/sh−166,000$489,252→ 0 total(indirect: By LLC) - Purchase
Series B Preferred Shares, par value $0.01 per share
2022-09-14$4.01/sh+11,342$45,477→ 159,144 total(indirect: By LLC) - Sale
Series B Preferred Shares, par value $0.01 per share
2022-09-14$3.25/sh−159,144$516,963→ 0 total(indirect: By LLC) - Sale
Series C Preferred Shares, par value $0.01 per share
2022-09-14$3.47/sh−52,000$180,279→ 158,479 total(indirect: By LLC) - Sale
Series C Preferred Shares, par value $0.01 per share
2022-09-15$3.34/sh−158,479$529,605→ 0 total(indirect: By LLC) - Purchase
Series C Preferred Shares, par value $0.01 per share
2022-09-16$3.20/sh+126,052$403,694→ 212,802 total(indirect: By LLC)
Holdings
- 30,749(indirect: By LLC)
Series D Preferred Shares, par value $0.01 per share
- 42,021(indirect: By LLC)
Shares of Beneficial Interest, par value $1.00 per share
- 42,963(indirect: By LLC)
Series B Preferred Shares, par value $0.01 per share
- 111,416(indirect: By LLC)
Series C Preferred Shares, par value $0.01 per share
- 74,879(indirect: By LLC)
Series C Preferred Shares, par value $0.01 per share
- 74,398(indirect: By LLC)
Series B Preferred Shares, par value $0.01 per share
- 136,744(indirect: By LLC)
Series D Preferred Shares, par value $0.01 per share
Footnotes (11)
- [F1]Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.7700 to $4.0900, inclusive. The Reporting Person undertakes to provide 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 purchased at each separate price within the range set forth in this footnote.
- [F10]Mr. Swann may be deemed to indirectly beneficially own the shares reported herein that are held directly by Cygnus Opportunity Fund, LLC, a Delaware limited liability company ("Cygnus Opportunity"), Cygnus Property Fund IV, LLC, a Delaware limited liability company ("Cygnus IV"), Cygnus Property Fund V, LLC, a Delaware limited liability company ("Cygnus V"), and Cygnus Property Fund VI, LLC, a Delaware limited liability company ("Cygnus VI") by virtue of serving as the President and CEO of Cygnus Capital, Inc., a Wyoming corporation ("Cygnus"), the managing member of each of (i) Cygnus Capital Advisers, LLC, a Wyoming limited liability company ("Cygnus Capital"), which serves as the investment adviser of Cygnus Opportunity, (ii) Cygnus General Partners, LLC, a Wyoming limited liability company ("Cygnus GP"), which serves as the managing member of Cygnus Opportunity,
- [F11](continued from footnote 10) and (iii) Cygnus Capital Real Estate Advisors II, LLC, a Wyoming limited liability company ("Cygnus Property GP" and, together with Cygnus Opportunity, Cygnus IV, Cygnus V, Cygnus VI, Cygnus, Cygnus Capital and Cygnus GP, the "Cygnus Group"), which serves as the general partner and investment advisor of each of Cygnus IV, Cygnus V, and Cygnus VI. Mr. Swann disclaims any beneficial ownership of any and all of the Issuer's securities reported herein in excess of his actual pecuniary interest.
- [F2]Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.5267 to $4.1533, inclusive. The Reporting Person undertakes to provide 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 purchased at each separate price within the range set forth in this footnote.
- [F3]Represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.2400 to $3.2500, inclusive. The Reporting Person undertakes to provide 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]Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.2483 to $3.3667, inclusive. The Reporting Person undertakes to provide 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 purchased at each separate price within the range set forth in this footnote.
- [F5]Represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.3522 to $3.7500, inclusive. The Reporting Person undertakes to provide 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.
- [F6]Represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.3002 to $3.0000, inclusive. The Reporting Person undertakes to provide 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.
- [F7]Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.9900 to $3.6277, inclusive. The Reporting Person undertakes to provide 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 purchased at each separate price within the range set forth in this footnote.
- [F8]Represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.3108 to $3.3514, inclusive. The Reporting Person undertakes to provide 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.
- [F9]Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.1700 to $3.2200, inclusive. The Reporting Person undertakes to provide 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 purchased at each separate price within the range set forth in this footnote.
Documents
Issuer
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST
CIK 0000077281
Entity typeother
Related Parties
1- filerCIK 0001942640
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 9:00 AM ET
- Size
- 36.8 KB