Jones Andrew R 4
4 · Wheeler Real Estate Investment Trust, Inc. · Filed May 19, 2021
Insider Transaction Report
Form 4
Jones Andrew R
Director
Transactions
- Sale
Series D Cumulative Convertible Preferred Stock
2021-05-18$18.00/sh−20,400$367,200→ 0 total(indirect: Held in managed funds)Exercise: $16.96→ Common Stock (30,069 underlying)
Holdings
- 45,335(indirect: Held in managed funds)
Series B Convertible Preferred Stock
Exercise: $40.00→ Common Stock (28,334 underlying)
Footnotes (4)
- [F1]Each share of Series B Convertible Preferred Stock (the "Series B Stock") is convertible into shares of the Issuer's common stock at $40.00 per share, and one share of Series B Stock is convertible into 0.625 shares of Issuer common stock. The Series B Stock has no expiration date.
- [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]The Series D Cumulative Convertible Preferred Stock (the "Series D Stock") was tendered to the Issuer in the Issuer's modified Dutch auction tender offer which expired on May 14, 2021.
- [F4]Each share of Series D Stock is convertible into shares of the Issuer's common stock at $16.96 per share and one share of Series D Stock is convertible into 1.474 shares of Issuer common stock. The Series D Stock has no expiration date.