Lee M. Elman - Jan 24, 2022 Form 4 Insider Report for New York City REIT, Inc. (NYC)

Role
Director
Signature
/s/ Lee M. Elman
Stock symbol
NYC
Transactions as of
Jan 24, 2022
Transactions value $
$0
Form type
4
Date filed
1/24/2022, 04:01 PM
Previous filing
May 21, 2021
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYC Class A Common Stock Award $0 +1.39K +13.84% $0.00 11.4K Jan 24, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully-vested shares of Class A common stock of New York City REIT, Inc. (the "Registrant") issued pursuant to the 2020 Omnibus Incentive Compensation Plan of the Registrant in lieu of cash payment for quarterly fees earned by the reporting person as an independent director of the Registrant.
F2 The number of securities reflects 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 fractional shares in connection with the reverse stock split and conversions described in this footnote.