4//SEC Filing
RIIS KENNETH M 4
Accession 0001209191-13-024945
CIK 0001556593other
Filed
May 7, 8:00 PM ET
Accepted
May 8, 5:21 PM ET
Size
7.5 KB
Accession
0001209191-13-024945
Insider Transaction Report
Form 4
RIIS KENNETH M
DirectorCEO and President
Transactions
- Other
Common Stock
2013-05-06−253,025,645→ 0 total(indirect: See footnote)
Holdings
- 275,000
Common Stock
Footnotes (4)
- [F1]These shares are owned by Newcastle Investment Corp. ("Newcastle"). New Residential Investment Corp. ("New Residential") is a wholly-owned subsidiary of Newcastle. Mr. Riis is the Chief Executive Officer of, and a shareholder in, Newcastle. By virtue of his relationship to Newcastle, Mr. Riis may have a pecuniary interest in shares beneficially owned by Newcastle. Mr. Riis disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. (Continued in footnote 2)
- [F2](Continued from footnote 1) On or about May 15, 2013, Newcastle will distribute all of the shares of New Residential that it owns to Newcastle stockholders of record as of the close of business on May 6, 2013. The distribution will be made to the stockholders of Newcastle on a pro rata basis by means of a share dividend. On or prior to the distribution date, New Residential will recapitalize the New Residential common stock held by Newcastle such that Newcastle will distribute to its stockholders one share of New Residential common stock for every one share of Newcastle common stock held by stockholders of Newcastle as of the close of business on May 6, 2013.
- [F3]Reported number of shares reflects the recapitalization of the New Residential common stock that is expected to occur on or prior to the distribution date based on the number of shares of Newcastle common stock outstanding as of the close of business on May 6, 2013.
- [F4]Reported number of shares reflects shares that are expected to be received on the distribution date for the above described stock dividend based on ownership of Newcastle common stock on May 6, 2013.
Documents
Issuer
New Residential Investment Corp.
CIK 0001556593
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001245522
Filing Metadata
- Form type
- 4
- Filed
- May 7, 8:00 PM ET
- Accepted
- May 8, 5:21 PM ET
- Size
- 7.5 KB