Filing Details

Accession Number:
0001437749-19-024604
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-18 16:40:33
Reporting Period:
2019-12-17
Accepted Time:
2019-12-18 16:40:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1649096 Clipper Realty Inc. CLPR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1588901 Sam Levinson 4611 Twelfth Avenue
Brooklyn NY 11219
Yes No Yes 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 Stock Acquisiton 2019-12-17 11,500 $9.97 11,500 No 4 P Indirect .
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect .
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 43,100 Direct
Common Stock 1,253,016 Indirect By Trapeze Inc., a Delaware corporation
Common Stock 136,782 Indirect By Trapeze D Holdings LLC, a Delaware limited liability company
Common Stock 128,185 Indirect By ECL Holdings LLC, a Delaware limited liability company
Special Voting Stock 4,464,692 Indirect By Trapeze Inc., a Delaware corporation
Special Voting Stock 1,362,039 Indirect By Trapeze D Holdings LLC, a Delaware limited liability company
Special Voting Stock 1,469,548 Indirect By ECL Holdings LLC, a Delaware limited liability company
Footnotes
  1. The price is the weighted average price for the transactions reported on this line. The range of prices for the transactions reported on this line is between $9.95 and $9.98 per share. Complete information regarding the number of shares purchased at each separate price will be provided upon request by Commission Staff, the Issuer or a security holder of the Issuer.
  2. Held through a profit sharing plan at National Financial Services LLC.
  3. Special Voting Stock is a class of stock of the Issuer that does not share in any distribution to stockholders of the Issuer, but gives the holder thereof one vote per share on all matters on which the Issuer's holders of Common Stock vote, subject to certain exceptions. Class B LLC Units are units of certain limited liability companies that are indirect subsidiaries of the Issuer. Each Class B LLC Unit is exchangeable, together with one share of Special Voting Stock, for an amount of cash equal to the fair market value of a share of Common Stock of the Issuer or, at the election of the Issuer, one share of Common Stock. The right to exchange Class B LLC Units, together with Special Voting Stock, does not have an expiration date.