HSCP Strategic III L.P. 4

Accession 0001567619-21-016399

CIK 0001642985other

View on SEC.gov Company Profile

Filed

Aug 26, 8:00 PM ET

Accepted

Aug 27, 12:47 PM ET

Size

14.6 KB

Accession

0001567619-21-016399

Insider Transaction Report

Form 4

Period: 2021-08-25

Parking REIT, Inc.--

Color Up, LLC

Director10% Owner

Transactions

Purchase
Common Stock
2021-08-25$11.75/sh+175,000$2,056,250→ 1,724,324 total
Award
Warrants (Right to Buy)
2021-08-25$20000000.00/sh+1,702,128$34,042,560,000,000→ 1,702,128 total
Exercise: $11.75From: 2021-08-25Exp: 2026-08-25→ Common Stock (1,702,128 underlying)
Purchase
Common Stock
2021-08-25$11.75/sh+1,549,324$18,204,557→ 1,549,324 total

Chavez Manuel III

DirectorFounder & CEO10% Owner

Transactions

Purchase
Common Stock
2021-08-25$11.75/sh+1,549,324$18,204,557→ 1,549,324 total
Purchase
Common Stock
2021-08-25$11.75/sh+175,000$2,056,250→ 1,724,324 total
Award
Warrants (Right to Buy)
2021-08-25$20000000.00/sh+1,702,128$34,042,560,000,000→ 1,702,128 total
Exercise: $11.75From: 2021-08-25Exp: 2026-08-25→ Common Stock (1,702,128 underlying)

Osher Jeffrey

Director10% Owner

Transactions

Award
Warrants (Right to Buy)
2021-08-25$20000000.00/sh+1,702,128$34,042,560,000,000→ 1,702,128 total
Exercise: $11.75From: 2021-08-25Exp: 2026-08-25→ Common Stock (1,702,128 underlying)
Purchase
Common Stock
2021-08-25$11.75/sh+175,000$2,056,250→ 1,724,324 total
Purchase
Common Stock
2021-08-25$11.75/sh+1,549,324$18,204,557→ 1,549,324 total

HSCP Strategic III L.P.

Director10% Owner

Transactions

Award
Warrants (Right to Buy)
2021-08-25$20000000.00/sh+1,702,128$34,042,560,000,000→ 1,702,128 total
Exercise: $11.75From: 2021-08-25Exp: 2026-08-25→ Common Stock (1,702,128 underlying)
Purchase
Common Stock
2021-08-25$11.75/sh+1,549,324$18,204,557→ 1,549,324 total
Purchase
Common Stock
2021-08-25$11.75/sh+175,000$2,056,250→ 1,724,324 total

Hogue Stephanie

DirectorPresident10% Owner

Transactions

Purchase
Common Stock
2021-08-25$11.75/sh+1,549,324$18,204,557→ 1,549,324 total
Purchase
Common Stock
2021-08-25$11.75/sh+175,000$2,056,250→ 1,724,324 total
Award
Warrants (Right to Buy)
2021-08-25$20000000.00/sh+1,702,128$34,042,560,000,000→ 1,702,128 total
Exercise: $11.75From: 2021-08-25Exp: 2026-08-25→ Common Stock (1,702,128 underlying)

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. Reference is made to the Reporting Person's Schedule 13D.

Documents

1 file

4
doc1.xmlPrimary
FORM 4

Issuer

Parking REIT, Inc.

CIK 0001642985

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001851084

Filing Metadata

Form type: 4
Filed: Aug 26, 8:00 PM ET
Accepted: Aug 27, 12:47 PM ET
Size: 14.6 KB

View on SEC.gov