Eagle Point Credit Management LLC - 22 Aug 2022 Form 4 Insider Report for ACRES Commercial Realty Corp. (ACR)

Role: 10%+ Owner
Signature: /s/ Kenneth P. Onorio, Chief Financial Officer of Eagle Point Credit Management LLC
Issuer symbol: ACR
Transactions as of: 22 Aug 2022
Net transactions value: +$212,965
Form type: 4
Filing time: 24 Aug 2022, 18:09:49 UTC
Previous filing: 19 Aug 2022
Next filing: 06 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACR	Common Stock, $0.001 par value	Purchase	$3,800	+400	+0.04%	$9.50	1,095,775	22 Aug 2022	See footnotes	F1, F2, F3
transaction	ACR	8.625% Series C Preferred Stock	Purchase	$132,447	+6,070	+1.3%	$21.82	473,991	23 Aug 2022	See footnotes	F1, F2, F3
transaction	ACR	8.625% Series C Preferred Stock	Purchase	$76,717	+3,524	+0.74%	$21.77	477,515	24 Aug 2022	See footnotes	F1, F2, F3
holding	ACR	7.875% Series D Preferred Stock						918,694	22 Aug 2022	See footnotes	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities are directly held by certain private investment funds and/or certain accounts (the "Applicable Accounts") managed by Eagle Point Credit Management LLC ("EPCM"). Eagle Point DIF GP I LLC ("DIF GP") serves as general partner to certain Applicable Accounts.
F2	EPCM and DIF GP could be deemed to have an "indirect pecuniary interest" (within the meaning of Rule 16a-1(a)(2)(ii) under the Securities Exchange Act of 1934) in securities reported herein.
F3	Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.