Brent Reynolds - 15 Apr 2022 Form 3 Insider Report for NRI Real Token Inc.

Signature
/s/ Brent Reynolds
Issuer symbol
N/A
Transactions as of
15 Apr 2022
Net transactions value
$0
Form type
3
Filing time
02 May 2022, 15:54:43 UTC
Next filing
27 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding Common Stock, $0.01 par value per share 2,400 15 Apr 2022 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
holding Convertible Operating Partnership Units 15 Apr 2022 Common Stock, $0.01 par value per share 5,028,549 By NRI Real Token Thesis LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 5,028,549 Convertible Operating Partnership Units ("OP Units") of NRI Real Token LP, a Delaware limited partnership, held by NRI Real Token Thesis LLC (the "Sponsor"). The OP Units are convertible into shares of common stock of NRI Real Token Inc. at the option of Sponsor, subject to certain limitations. The sole manager of the Sponsor is NRI Real Token Advisors LLC. The sole member and manager of NRI Real Token Advisors LLC is Nolan Reynolds International, LLC. Nolan Reynolds International, LLC is managed by Nolan Company, LLC and Design Development Investments, LLC. The Reporting Person is a manager of Design Development Investments, LLC. As a result, the Reporting Person holds dispositive and voting power over the OP Units, and therefore may be deemed to be a beneficial owner of the OP Units owned by the Sponsor. The Reporting Person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.