Key facts
- This page summarizes Paula Baiman Brown's Form 4 filing for Resource REIT, Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 19 May 2022, 14:14.
Paula Baiman Brown - 19 May 2022 Form 4 Insider Report for Resource REIT, Inc.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 19 May 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 19 May 2022, 14:14:26 UTC
- Prior SEC filing
- 05 Aug 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michele Weisbaum, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Paula Baiman Brown filed Form 4 for Resource REIT, Inc. on 19 May 2022.
Change
- Previous filing in this sequence was filed on 05 Aug 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
No ticker
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -7,174
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 May 2022
- Ownership
- Direct
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Paula Baiman Brown is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 1 footnote
Footnote F1
Pursuant to the Agreement and Plan of Merger, dated as of January 23, 2022, by and among Resource REIT, Inc. (the "Company"), Rapids Parent LLC and Rapids Merger Sub LLC, at the effective time of the merger (the "Effective Time"), (i) each outstanding share of common stock, par value $0.01 per share, of the Company ("Common Stock") was automatically cancelled and converted into the right to receive an amount in cash equal to $14.75 per share, without interest (the "Common Stock Consideration") and (ii) each outstanding share of unvested time-vested restricted Common Stock granted pursuant to the Company's 2020 Long-Term Incentive Plan automatically vested and all restrictions and reacquisition rights thereon lapsed and had the right to receive the Common Stock Consideration, less any applicable withholding taxes, plus the amount of all accrued and unpaid cash dividends up to and including the Effective Time in accordance with the terms of the applicable award agreement.