Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | N/A | Common Stock | Tax liability | -18.5K | -5.1% | 343K | Feb 17, 2022 | Direct | F1, F2 | ||
holding | N/A | Common Stock | 12.4K | Feb 17, 2022 | By Foundation | F3, F4 |
Id | Content |
---|---|
F1 | There is no established market for shares of the Issuer's common stock, par value $0.01 per share ("Resource REIT Common Stock"). On January 23, 2022, the Issuer entered into a definitive agreement with Blackstone Real Estate Income Trust, Inc. ("BREIT"), under which BREIT will acquire all of the outstanding shares of Resource REIT Common Stock for $14.75 per share in an all-cash transaction. |
F2 | 234,800 shares remain subject to vesting. |
F3 | Includes 395.027 shares acquired pursuant to the Issuer's distribution reinvestment plan. |
F4 | Held by A & M Feldman Foundation, Inc., of which the reporting person is a director and founding member. The reporting person disclaims beneficial ownership of these securities. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of these shares for Section 16 or for any other purpose. |
Chief Executive Officer and President