Home > Insider Trading > Filing (0001437749-20-011201)

Filing Details

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
1107706	David Bistricer	4611 Twelfth Avenue Brooklyn NY 11219	Co-Chairman And Ceo	Yes	Yes	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	2020-05-14	106,666	$5.73	106,666	No	4	P	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	348,933	Indirect	As Trustee of The Moric Bistricer 2016 Family Trust
Common Stock	248,933	Indirect	By Spouse as Trustee of The David Bistricer 2016 Family Trust
Common Stock	318,262	Indirect	As Co-Trustee of The Moric Bistricer 2012 Family Trust
Special Voting Stock	4,278,058	Direct

Footnotes

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 $5.60 and $5.80 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.
Represents shares of common stock beneficially held by the Reporting Person through the Morgan Capital Retirement Trust.
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.