Filing Details

Accession Number:
0001567619-21-016387
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-27 12:23:47
Reporting Period:
2021-08-25
Accepted Time:
2021-08-27 12:23:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1642985 Parking Reit Inc. -- Real Estate Investment Trusts (6798) 473945882
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1806553 Jeffrey Osher 505 Montgomery Street, Ste 1250
San Francisco CA 94111
Yes No Yes No
1851084 L.p. Iii Strategic Hscp 505 Montgomery Street, Suite 1250
San Francisco CA 94111
Yes No Yes No
1879102 Stephanie Hogue 250 E. 5Th St., Ste 2110
Cincinnati OH 45202
President Yes Yes Yes No
1879127 Color Up, Llc 250 E 5Th Street, Ste 2110
Cincinnati OH 45202
Yes No Yes No
1879349 Iii Manuel Chavez 250 E. 5Th St., Ste 2110
Cincinnati OH 45202
Founder & 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 2021-08-25 1,549,324 $11.75 1,549,324 No 4 P Indirect Color Up, LLC
Common Stock Acquisiton 2021-08-25 175,000 $11.75 1,724,324 No 4 P Indirect Color Up, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Color Up, LLC
No 4 P Indirect Color Up, LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants (Right to Buy) Acquisiton 2021-08-25 1,702,128 $20,000,000.00 1,702,128 $11.75
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,702,128 2021-08-25 2026-08-25 No 4 A Indirect
Footnotes
  1. Pursuant to the January 8, 2021 Equity Purchase and Contribution Agreement ("EPCA") among The Parking REIT, Inc. ("TPR"), Color Up, LLC ("Color Up"), Michael V. Shustek and his affiliates (collectively, "Advisor"), and the other parties thereto, Color Up acquired 1,549,324 shares of TPR common stock ("TPR Shares") from the Advisor, 175,000 TPR Shares from a litigation settlement trust and warrants to purchase 1,702,128 TPR Shares. The Warrants are exercisable after a "Liquidity Event" as defined in the Warrant Agreement. Hogue is the President of Color Up, LLC. Under the EPCA, Color Up also has the right to acquire at $11.75 per share up to 900,506 TPR Shares from TPR in the event Color Up does not acquire 900,506 TPR Shares in a tender offer it expects to commence after the date of this report. Reference is made to the Reporting Person's Schedule 13D.