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Filing Details

Accession Number:: 0001144204-18-007466
Form Type:: 13G Filing
Publication Date:: 2018-02-12 21:57:13

Filed By:: Gray Alex B
Company:: Presidential Realty Corp (OTCMKTS:PDNLB)
Filing Date:: 2018-02-13
SEC Url:: 13G Filing

Ownership Summary

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	336,239	78,402	336,239	78,402	414,641	8.74%
Katherine D. Gray	0	73,402	0	73,402	73,402	1.55%
Reagan Gray	0	5,000	0	5,000	5,000	0.11%

Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

Presidential Realty Corporation

(Name of Issuer)

Class B Common Stock

(Title of Class of Securities)

741004204

(CUSIP Number)

Alex B. Gray

49 Boone Village, Suite 280

Zionsville, Indiana 46077

(317) 800-7500

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

December 31, 2017

(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 8

13G

NAMES OF REPORTING PERSONS

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Alex B. Gray

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a) x

(b) ¨

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH

SOLE VOTING POWER

336,239

SHARED VOTING POWER

78,402

SOLE DISPOSITIVE POWER

336,239

SHARED DISPOSITIVE POWER

78,402

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 414,641
10.	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.74% based on the outstanding shares reported on the Issuer’s Form 10-K filed with the Securities and Exchange Commission for the fiscal year ended December 31, 2016.
12.	TYPE OF REPORTING PERSON (see instructions) IN

CUSIP No. 741004204

Page 3 of 8

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 73,402
	7.	SOLE DISPOSITIVE POWER 0
	8.	SHARED DISPOSITIVE POWER 73,402

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 73,402
10.	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.55% based on the outstanding shares reported on the Issuer’s Form 10-K filed with the Securities and Exchange Commission for the fiscal year ended December 31, 2016.
12.	TYPE OF REPORTING PERSON (see instructions) IN

CUSIP No. 741004204

Page 4 of 8

13G

1.	NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Reagan 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 5,000
	7.	SOLE DISPOSITIVE POWER 0
	8.	SHARED DISPOSITIVE POWER 5,000

9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,000
10.	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) ¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.11% based on the outstanding shares reported on the Issuer’s Form 10-K filed with the Securities and Exchange Commission for the fiscal year ended December 31, 2016.
12.	TYPE OF REPORTING PERSON (see instructions) IN

CUSIP No. 741004204

Page 5 of 8

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 Reagan Gray Alex B. Gray, Katherine D. Gray and Reagan 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 49 Boone Village, Suite 280 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);

(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: ___

CUSIP No. 741004204

Page 6 of 8

13G

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: 414,641

(b)	Percent of class: 8.74%

(c)	Number of shares as to which the person has:

	(i)	Sole power to vote or to direct the vote: 336,239

	(ii)	Shared power to vote or to direct the vote: 78,402

	(iii)	Sole power to dispose or to direct the disposition of: 336,239

	(iv)	Shared power to dispose or to direct the disposition of: 78,402

2.	Katherine D. Gray


(a)	Amount beneficially owned: 73,402

(b)	Percent of class: 1.55%

(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: 73,402

	(iii)	Sole power to dispose or to direct the disposition of: 0

	(iv)	Shared power to dispose or to direct the disposition of: 73,402

3.	Reagan Gray


(a)	Amount beneficially owned: 5,000

(b)	Percent of class: 0.11%

(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: 5,000

	(iii)	Sole power to dispose or to direct the disposition of: 0

	(iv)	Shared power to dispose or to direct the disposition of: 5,000

CUSIP No. 741004204

Page 7 of 8

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 8 of 8

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.

	February 12, 2018
	Date


	/s/ Alex B. Gray
	Signature


	Alex B. Gray
	Name/Title


	/s/ Katherine D. Gray
	Signature


	Katherine D. Gray
	Name/Title


	/s/ Reagan Gray
	Signature


	Reagan Gray
	Name/Title