Filing Details
- Accession Number:
- 0000950138-20-000181
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-20 16:26:47
- Reporting Period:
- 2020-03-18
- Accepted Time:
- 2020-03-20 16:26:47
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1784797 | Broadmark Realty Capital Inc. | BRMK | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1453077 | J. Daniel Hirsch | C/O Broadmark Realty Capital Inc. 1420 Fifth Avenue, Suite 2000 Seattle WA 98101 | Yes | No | 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 Stock | Acquisiton | 2020-03-18 | 15,000 | $6.95 | 23,613 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2020-03-18 | 5,000 | $6.53 | 28,613 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | P | Direct |
Footnotes
- Mr. Hirsch served as a consultant to Trinity Real Estate Investments LLC ("Trinity Investments") from January 2019 until November 2019 pursuant to a consulting agreement. Mr. Hirsch's consulting agreement provides for a success fee payable by Trinity Investments to Mr. Hirsch in connection with the completion of the Issuer's business combination on November 14, 2019, pursuant to which Mr. Hirsch will receive 137,305 shares of the Issuer's common stock (the "Common Stock") and 259 warrants (the "Warrants") issued by the Issuer held by HN Investors LLC and expected to be transferred to Trinity Investments following the expiration of the lock-up agreement to which HN Investors LLC is a party.
- These shares of Common Stock and the Warrants are expected to represent, in the aggregate, a less than 1% beneficial ownership interest by Mr. Hirsch in the Issuer. Instead of transferring these securities to Mr. Hirsch, Trinity Investments may, at its election, pay the success fee in cash in an amount equal to the value of these securities.