Filing Details
- Accession Number:
- 0001144204-17-004082
- Form Type:
- 13G Filing
- Publication Date:
- 2017-01-26 17:25:10
- Filed By:
- Gray Alex B
- Company:
- Presidential Realty Corp (OTCMKTS:PDNLB)
- Filing Date:
- 2017-01-26
- SEC Url:
- 13G Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Alex B. Gray | 337,239 | 73,400 | 337,239 | 73,400 | 410,639 | 10.68% |
| Katherine D. Gray | 0 | 73,400 | 0 | 73,400 | 73,400 | 1.91% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
| Presidential Realty Corporation |
| (Name of Issuer) |
| Class B Common Stock |
| (Title of Class of Securities) |
| 741004204 |
| (CUSIP Number) |
| Alex B. Gray |
| 6519 Oxford Drive |
| Zionsville, Indiana 46077 |
| (317) 800-7500 |
| (Name, Address and Telephone Number of Person |
| Authorized to Receive Notices and Communications) |
| December 20, 2016 |
| (Date of Event which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ¨ | Rule 13d-1(b) |
| x | Rule 13d-1(c) |
| ¨ | Rule 13d-1(d) |
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 741004204 | Page 2 of 7 |
13G
| 1.
| NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Alex B. Gray |
| 2.
| CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) x (b) ¨ |
| 3.
| SEC USE ONLY
|
| 4.
| CITIZENSHIP OR PLACE OF ORGANIZATION
United States |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5.
| SOLE VOTING POWER
337,239 |
| 6.
| SHARED VOTING POWER
73,400 | |
| 7.
| SOLE DISPOSITIVE POWER
337,239 | |
| 8.
| SHARED DISPOSITIVE POWER
73,400 |
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
410,639 |
| 10. | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨ |
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.68% based on the outstanding shares reported on the issuer’s 10-Q filed with the Securities and Exchange Commission for the quarterly period ended September 30, 2016. |
| 12. | TYPE OF REPORTING PERSON (see instructions)
IN |
| CUSIP No. 741004204 | Page 3 of 7 |
13G
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Katherine D. Gray |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) x (b) ¨ |
| 3. | SEC USE ONLY
|
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
United States |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER
0 |
| 6. | SHARED VOTING POWER
73,400 | |
| 7. | SOLE DISPOSITIVE POWER
0 | |
| 8. | SHARED DISPOSITIVE POWER
73,400 |
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
73,400 |
| 10. | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
¨ |
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.91% based on the outstanding shares reported on the issuer’s 10-Q filed with the Securities and Exchange Commission for the quarterly period ended September 30, 2016. |
| 12. | TYPE OF REPORTING PERSON (see instructions)
IN |
| CUSIP No. 741004204 | Page 4 of 7 |
13G
Item 1.
| (a) | Name of Issuer
Presidential Realty Corporation | |
| (b) | Address of Issuer’s Principal Executive Offices
1430 Broadway Suite 503 New York, NY 10018 |
Item 2.
| (a) | Name of Person Filing
Alex B. Gray Katherine D. Gray
Alex B. Gray and Katherine D. Gray have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Act. | |
| (b) | Address of the Principal Office or, if none, residence
6519 Oxford Drive Zionsville, Indiana 46077 | |
| (c) | Citizenship
United States | |
| (d) | Title of Class of Securities
Class B Common Stock | |
| (e) | CUSIP Number
741004204 |
Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
| (a) | ¨ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). | |
| (b) | ¨ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). | |
| (c) | ¨ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). | |
| (d) | ¨ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). | |
| (e) | ¨ | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | |
| (f) | ¨ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); |
| CUSIP No. 741004204 | Page 5 of 7 |
13G
| (g) | ¨ | A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); | |
| (h) | ¨ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | ¨ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
| (j) | ¨ | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); | |
| (k) | ¨ | Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___ |
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| 1. | Alex B. Gray | |||
| (a) | Amount beneficially owned: 410,639 | |||
| (b) | Percent of class: 10.68% | |||
| (c) | Number of shares as to which the person has: | |||
| (i) | Sole power to vote or to direct the vote: 337,239 | |||
| (ii) | Shared power to vote or to direct the vote: 73,400 | |||
| (iii) | Sole power to dispose or to direct the disposition of: 337,239 | |||
| (iv) | Shared power to dispose or to direct the disposition of: 73,400 | |||
| 2. | Katherine D. Gray | |||
| (a) | Amount beneficially owned: 73,400 | |||
| (b) | Percent of class: 1.91% | |||
| (c) | Number of shares as to which the person has: | |||
| (i) | Sole power to vote or to direct the vote: 0 | |||
| (ii) | Shared power to vote or to direct the vote: 73,400 | |||
| (iii) | Sole power to dispose or to direct the disposition of: 0 | |||
| (iv) | Shared power to dispose or to direct the disposition of: 73,400 | |||
| CUSIP No. 741004204 | Page 6 of 7 |
13G
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
| CUSIP No. 741004204 | Page 7 of 7 |
13G
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| January 26, 2017 | |
| Date | |
| /s/ Alex B. Gray | |
| Signature | |
| Alex B. Gray | |
| Name/Title | |
| /s/ Katherine D. Gray | |
| Signature | |
| Katherine D. Gray | |
| Name/Title |