Jones Andrew R 4
4 · Wheeler Real Estate Investment Trust, Inc. · Filed May 29, 2020
Insider Transaction Report
Form 4
Jones Andrew R
Director
Transactions
- Sale
Common Stock
2020-05-27$1.36/sh−35,175$47,838→ 306,183 total(indirect: Held in managed funds)
Holdings
- 36,108
Common Stock
- 12,464(indirect: By IRA)
Common Stock
- 2,100
Series B Convertible Preferred Stock
Exercise: $40.00→ Common Stock (1,313 underlying) - 45,335(indirect: Held in managed funds)
Series B Convertible Preferred Stock
Exercise: $40.00→ Common Stock (28,334 underlying) - 21,600(indirect: Held in managed funds)
Series D Cumulative Convertible Preferred Stock
Exercise: $16.96→ Common Stock (31,840 underlying)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in transactions at prices ranging from $1.30 to $1.42, inclusive. The reporting person undertakes to provide to Wheeler Real Estate Investment Trust, Inc. (the "Company"), any security holder of the Company, 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.
- [F2]These shares are held by various investment partnerships, funds and managed accounts, in which NS Advisors, LLC ("NS Advisors") serves as the investment manager. Mr. Jones is the managing member of NS Advisors and has sole voting and investment authority over the shares.
- [F3]Each share of Series B Convertible Preferred Stock (the "Series B Stock") is convertible into shares of the Company's common stock at $40.00 per share. The Series B Stock has no expiration date.
- [F4]Each share of Series D Cumulative Convertible Preferred Stock (the "Series D Stock") is convertible into shares of the Company's common stock at $16.96 per share. The Series D Stock has no expiration date.