Kenneth P. Regan - Apr 15, 2024 Form 4 Insider Report for Sterling Real Estate Trust (NONE)

Role
CHIEF EXECUTIVE OFFICER, TRUSTEE, 10%+ Owner
Signature
/s/ Joel S Thomsen, Attorney-in-Fact
Stock symbol
NONE
Transactions as of
Apr 15, 2024
Transactions value $
$3,169,653
Form type
4
Date filed
4/17/2024, 04:43 PM
Previous filing
Nov 15, 2023
Next filing
Sep 23, 2024

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 NONE Limited Partnership Units Other $3.17M +138K +4.48% $23.00* 3.21M Apr 15, 2024 Common Shares 17.5K Direct F1, F2, F3, F4
holding NONE Limited Partnership Units 234K Apr 15, 2024 Common Shares 234K By Wife F1, F3, F4
holding NONE Limited Partnership Units 35.4K Apr 15, 2024 Common Shares 35.4K 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.