Kerry G. Campbell - 18 May 2021 Form 4 Insider Report for Wheeler Real Estate Investment Trust, Inc. (WHLR)

Role: Director
Signature: /s/ Kerry Campbell
Issuer symbol: WHLR
Transactions as of: 18 May 2021
Net transactions value: -$56,178
Form type: 4
Filing time: 19 May 2021, 17:16:39 UTC
Next filing: 20 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	WHLR	Common Stock						100,000	18 May 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WHLR	Series D Cumulative Convertible Preferred Stock	Sale	$56,178	-3,121	-100%	$18.00	0	18 May 2021	Common Stock	4,600	$16.96	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The Series D Cumulative Convertible Preferred Stock (the "Series D Stock") was tendered to the Issuer in the Issuer's modified Dutch auction tender offer which expired on May 14, 2021.
F2	As disclosed in the Issuer's Form 8-K filed with the SEC on April 3, 2017, each share of Series D Stock is convertible into 1.474 shares of the Issuer's common stock. The Series D Stock has no expiration date.