Elizabeth K. Tuppeny - 21 Feb 2023 Form 4 Insider Report for American Strategic Investment Co. (NYC)

Role: Director
Signature: /s/ Elizabeth K. Tuppeny
Issuer symbol: NYC
Transactions as of: 21 Feb 2023
Net transactions value: +$14,660
Form type: 4
Filing time: 01 Mar 2023, 19:54:24 UTC
Previous filing: 01 Jul 2022
Next filing: 02 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NYC	Class A Common Stock	Purchase	$3,471	+290	+6.9%	$11.97	4,521	21 Feb 2023	Direct	F1
transaction	NYC	Class A Common Stock	Exercise of in-the-money or at-the-money derivative security	$11,189	+864	+19%	$12.95	5,385	27 Feb 2023	Direct	F2

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

Explanation of Responses:

Id	Content
F1	This is a late filing with respect to the transaction reported in Table I dated February 21, 2023. Ms. Tuppeny intended for the order to be satisfied through the rights offering described below but was filled through an open market transaction on February 21, 2023. Pursuant to the General Instructions, a Form 4 relating to such transaction should have been filed within two business days following the date of such transaction.
F2	Shares of Class A common stock of American Strategic Investment Co. (the "Issuer") issued pursuant to a non-transferable rights offering, which entitled holders of rights to purchase 0.20130805 of a share of the Company's Class A common stock, par value $0.01 per share, for every right held at a subscription price of $12.95 per whole share.

Content

This is a late filing with respect to the transaction reported in Table I dated February 21, 2023. Ms. Tuppeny intended for the order to be satisfied through the rights offering described below but was filled through an open market transaction on February 21, 2023. Pursuant to the General Instructions, a Form 4 relating to such transaction should have been filed within two business days following the date of such transaction.

Shares of Class A common stock of American Strategic Investment Co. (the "Issuer") issued pursuant to a non-transferable rights offering, which entitled holders of rights to purchase 0.20130805 of a share of the Company's Class A common stock, par value $0.01 per share, for every right held at a subscription price of $12.95 per whole share.