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Filing Details

Accession Number:: 0001104659-21-025354
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-18 18:28:29
Reporting Period:: 2021-02-17

Accepted Time:: 2021-02-18 18:28:29
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1595527	New York City Reit Inc.	NYC	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1490448	Jr. M Edward Weil	650 Fifth Avenue, 30Th Floor New York NY 10019	Ceo, President And Secretary	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-02-17	150	$9.97	7,860	No	4	P	Direct
Class A Common Stock	Acquisiton	2021-02-18	150	$9.98	8,010	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	1,840	Indirect	See footnote
Class A Common Stock	128	Indirect	See footnote

Footnotes

The transactions reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 18, 2020.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.96 to $10.00, inclusive. The reporting person undertakes to provide to New York City REIT, Inc. (the "Registrant"), any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.98 to $9.99, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
The reporting person is the chief executive officer, and also holds a non-controlling equity interest in, the entities that own and control New York City Advisors, LLC (the "Advisor"), the external advisor of the Registrant. The Advisor owns the reported securities. The reporting person disclaims beneficial ownership of the securities owned by the Advisor except to the extent of his pecuniary interest therein. The number of securities reported as indirectly held by the reporting person in this Form 4 represents the extent of his pecuniary interest therein (i.e. his pro rata share of the equity of the parent of the Advisor).
This amount includes 64.1628 shares of Class A common stock and 64.1975 shares of Class B common stock. Shares of Class B common stock will automatically convert into shares of Class A common stock to be listed on the New York Stock Exchange in two equal tranches no later than April 15, 2021 and August 13, 2021.
The reporting person is the chief executive officer, and also holds a non-controlling equity interest in, the entities that own and control New York City Special Limited Partnership, LLC (the "Special Limited Partner"), an affiliate of the Advisor. The Special Limited Partner owns the reported securities. The reporting person disclaims beneficial ownership of the securities owned by the Special Limited Partner except to the extent of his pecuniary interest therein. The number of securities reported as indirectly held by the reporting person in this Form 4 represents the extent of his pecuniary interest therein (i.e. his pro rata share of the equity of the parent of the Special Limited Partner).