Kenneth P. Regan - 15 Apr 2024 Form 4 Insider Report for Sterling Real Estate Trust

Role
CHIEF EXECUTIVE OFFICER, TRUSTEE, 10%+ Owner
Signature
/s/ Joel S Thomsen, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
15 Apr 2024
Net transactions value
+$3,169,653
Form type
4
Filing time
17 Apr 2024, 16:43:31 UTC
Previous filing
15 Nov 2023
Next filing
23 Sep 2024
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 Limited Partnership Units Other $3,169,653 +137,811 +4.5% $23.00* 3,212,241 15 Apr 2024 Common Shares 17,500 Direct F1, F2, F3, F4
holding Limited Partnership Units 233,892 15 Apr 2024 Common Shares 233,892 By Wife F1, F3, F4
holding Limited Partnership Units 35,408 15 Apr 2024 Common Shares 35,408 JKD, Inc. F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The units are subject to exchange or redemption pursuant to the terms of the LLLP Agreement and the applicable redemption plan.
F2 The reporting person received the Limited Partnership Units in connection with a 721 UPREIT Transaction.
F3 The units are subject to exchange or redemption pursuant to the terms of the LLLP Agreement and the applicable redemption plan.
F4 These derivative securities do not have an expiration date.
F5 The Reporting Person has an ownership interest in JKD, Inc.