Alan F. Feldman - 17 Feb 2022 Form 4 Insider Report for Resource REIT, Inc.

Role
Chief Executive Officer and President, Director
Signature
/s/ Michele Weisbaum, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
17 Feb 2022
Net transactions value
$0
Form type
4
Filing time
22 Feb 2022, 11:57:36 UTC
Previous filing
06 Jan 2022
Next filing
19 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Tax liability -18,454 -5.1% 343,082 17 Feb 2022 Direct F1, F2
holding Common Stock 12,395 17 Feb 2022 By Foundation F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.

Remarks:

Chief Executive Officer and President