Steamboat Capital Partners, LLC - 13 Sep 2023 Form 4 Insider Report for Wheeler Real Estate Investment Trust, Inc. (WHLR)

Role
10%+ Owner
Signature
Steamboat Capital Partners, LLC, /s/ Jeffrey M. Rose, COO/CFO
Issuer symbol
WHLR
Transactions as of
13 Sep 2023
Net transactions value
-$38,012
Form type
4
Filing time
15 Sep 2023, 13:22:29 UTC
Previous filing
13 Sep 2023
Next filing
09 Nov 2023
SEC
View on sec.gov

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 $33,072 -2,946 -1% $11.23 286,873 13 Sep 2023 Common Stock, $0.01 par value 434 $169.60 See footnote F1, F2, F4, F5
transaction WHLR Series D Cumulative Convertible Preferred Stock Sale $438 -39 -1% $11.23 3,768 13 Sep 2023 Common Stock, $0.01 par value 6 $169.60 See footnote F1, F3, F4, F5
transaction WHLR Series B Convertible Preferred Stock Sale $4,441 -2,823 -2.4% $1.57 115,987 13 Sep 2023 Common Stock, $0.01 par value 176 $400.00 See footnote F1, F2, F4, F6
transaction WHLR Series B Convertible Preferred Stock Sale $61.35 -39 -2.4% $1.57 1,607 13 Sep 2023 Common Stock, $0.01 par value 2 $400.00 See footnote F1, F3, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Convertible at any time, with no expiration date
F2 Ownership of Steamboat Capital Partners Master Fund, LP (Master) which has delegated investment discretion to Steamboat Capital Partners, LLC (IA).
F3 Ownership of Steamboat Capital Partners II, LP (II).
F4 Steamboat Capital Partners GP, LLC (GP) is general partner of, and entitled to receive a performance allocation from, each of Master and II. Parsa Kiai ("Kiai") is the Managing Member of GP and IA. Accordingly, Kiai may be deemed to have a pecuniary interest in the shares owned by Master and II and IA. Kiai and IA are filers of this report, filing jointly but not as a group and each disclaims beneficial ownership of securities reported hereon except to the extent of its or his pecuniary interest therein.
F5 This is an average price. Actual prices received for the shares sold on 9/13/23 and reported on this line range from $11.00 to $11.50. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6 This is an average price. Actual prices received for the shares sold on 9/13/23 and reported on this line range from $1.565 to $1.58. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.