Abby M. Wenzel - Jan 20, 2022 Form 4 Insider Report for New York City REIT, Inc. (NYC)

Role
Director
Signature
/s/ Abby M. Wenzel
Stock symbol
NYC
Transactions as of
Jan 20, 2022
Transactions value $
$99,859
Form type
4
Date filed
1/24/2022, 05:01 AM
Previous filing
Jul 1, 2021
Next filing
Jan 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYC Class A Common Stock Purchase $85.2K +7K +62.07% $12.17 18.3K Jan 20, 2022 Direct F1, F2
transaction NYC Class A Common Stock Purchase $14.7K +1.27K +6.95% $11.55 19.5K Jan 21, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.14 to $12.23 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 (1) to this Form 4.
F2 The number of securities previously reported has been adjusted to reflect the 9.72-to-1 reverse stock split by the Registrant of its Class A common stock followed by a stock dividend of three shares of Class B common stock for every share of Class A common stock outstanding completed on August 5, 2020. The conversion of shares of Class B common stock into shares of Class A common stock listed on the New York Stock Exchange was completed on August 13, 2021. The number of securities reported also reflects the reporting person's receipt of cash in lieu of a fractional shares in connection with the reverse stock split and conversions described in this footnote, and includes shares of Class A common stock issued to the reporting person pursuant to the Registrant's distribution reinvestment plan.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.34 to $11.69 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 (3) to this Form 4.