Filing Details
- Accession Number:
- 0000931017-16-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-05-20 16:26:25
- Reporting Period:
- 2016-05-18
- Filing Date:
- 2016-05-20
- Accepted Time:
- 2016-05-20 16:26:25
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
37008 | Winthrop Realty Trust | FUR | Real Estate Investment Trusts (6798) | 346513657 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1139233 | L Michael Ashner | C/O Winthrop Financial Associates Two Jericho Plaza Wing A Jericho NY 11753 | Chairman And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Shares Of Beneficial Interest | Acquisiton | 2016-05-20 | 150,000 | $0.00 | 3,109,251 | No | 4 | G | Indirect | see Notes |
Common Shares Of Beneficial Interest | Acquisiton | 2016-05-19 | 5,000 | $9.83 | 3,104,251 | No | 4 | S | Indirect | see notes |
Common Shares Of Beneficial Interest | Acquisiton | 2016-05-20 | 5,000 | $9.95 | 3,099,251 | No | 4 | S | Indirect | see notes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | G | Indirect | see Notes |
No | 4 | S | Indirect | see notes |
No | 4 | S | Indirect | see notes |
Footnotes
- No consideration was received for shares as they were transferred to Ashner Evergreen Foundation, a New York not-for-profit corporation (the "Foundation"), an entity which the Reporting Person is a director, as a bona fide gift.
- After giving effect to all reported transactions, Shares are comprised of (i) 2,671,369 shares held by FUR Investors LLC ("Investors"); (ii) 287,882 shares held directly by Michael L. Ashner and his wife; and (iii) 140,000 shares the Ashner Family Evergreen Foundation.
- The Reporting Person disclaims beneficial ownership of the shares held by the Foundation. For purposes of Section 16 of the Act: (i) Investors beneficially owns 2,671,369 shares of Beneficial Interest, (ii) FUR Holdings LLC beneficially owns the number of shares of Beneficial Interest listed by Investors as held by Investors, (iii) WEM-FUR Investors LLC ("WEM") beneficially owns 1,621,733 shares of Beneficial Interest and (iv) Mr. Ashner owns 1,282,518 of the shares beneficially owned by WEM. The shares held by Investors are subject to distribution to its members at any time upon request of such member.
- Shares were sold by the Foundation in order to meet existing charitable commitments of the Foundation. The Reporting Person had previously disclaimed beneficial ownership of the shares sold by the Foundation. It is presently expected that all of the 150,000 shares gifted to the Foundation will be sold to satisfy the Foundation's charitable commitments.