Home/Filings/3/0001567619-21-016398
3//SEC Filing

HSCP Strategic III L.P. 3

Accession 0001567619-21-016398

CIK 0001642985other

Filed

Aug 26, 8:00 PM ET

Accepted

Aug 27, 12:41 PM ET

Size

22.0 KB

Accession

0001567619-21-016398

Insider Transaction Report

Form 3
Period: 2021-08-25
Osher Jeffrey
Director10% Owner
Holdings
  • Common Stock

    (indirect: By LLC)
    1,724,324
  • Warrants (Right to Buy)

    (indirect: By LLC)
    Exercise: $11.75From: 2021-08-25Exp: 2026-08-25Common Stock (1,702,128 underlying)
HSCP Strategic III L.P.
Director10% Owner
Holdings
  • Common Stock

    (indirect: By LLC)
    1,724,324
  • Warrants (Right to Buy)

    (indirect: By LLC)
    Exercise: $11.75From: 2021-08-25Exp: 2026-08-25Common Stock (1,702,128 underlying)
Chavez Manuel III
DirectorFounder & CEO10% Owner
Holdings
  • Common Stock

    (indirect: By LLC)
    1,724,324
  • Warrants (Right to Buy)

    (indirect: By LLC)
    Exercise: $11.75From: 2021-08-25Exp: 2026-08-25Common Stock (1,702,128 underlying)
Hogue Stephanie
DirectorPresident10% Owner
Holdings
  • Common Stock

    (indirect: By LLC)
    1,724,324
  • Warrants (Right to Buy)

    (indirect: By LLC)
    Exercise: $11.75From: 2021-08-25Exp: 2026-08-25Common Stock (1,702,128 underlying)
Color Up, LLC
Director10% Owner
Holdings
  • Warrants (Right to Buy)

    (indirect: By LLC)
    Exercise: $11.75From: 2021-08-25Exp: 2026-08-25Common Stock (1,702,128 underlying)
  • Common Stock

    (indirect: By LLC)
    1,724,324
Footnotes (1)
  • [F1]Pursuant to the January 8, 2021 Equity Purchase and Contribution Agreement ("EPCA") among The Parking REIT, Inc. ("TPR"), Color Up, LLC ("Color Up"), Michael V. Shustek and his affiliates (collectively, "Advisor"), and the other parties thereto, Color Up acquired 1,549,324 shares of TPR common stock ("TPR Shares") from the Advisor, 175,000 TPR Shares from a litigation settlement trust and warrants to purchase 1,702,128 TPR Shares. The Warrants are exercisable after a "Liquidity Event" as defined in the Warrant Agreement. Under the EPCA, Color Up also has the right to acquire at $11.75 per share up to 900,506 TPR Shares from TPR in the event Color Up does not acquire 900,506 TPR Shares in a tender offer it expects to commence after the date of this report. Osher is a director of Color Up, LLC. Reference is made to the Reporting Person's Schedule 13D.

Issuer

Parking REIT, Inc.

CIK 0001642985

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001851084

Filing Metadata

Form type
3
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 12:41 PM ET
Size
22.0 KB