Key facts
- This page summarizes Warren Thomas's Form 4 filing for ExchangeRight Income Fund.
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 17 Oct 2023, 16:00.
Warren Thomas - 31 Aug 2023 Form 4 Insider Report for ExchangeRight Income Fund
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 31 Aug 2023
- Net transaction value
- +$137,193
- SEC form
- 4
- Accepted by SEC
- 17 Oct 2023, 16:00:33 UTC
- Prior SEC filing
- 26 Jun 2023
- Next SEC filing
- 01 Apr 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Nicholas Partenza, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Warren Thomas filed Form 4 for ExchangeRight Income Fund on 17 Oct 2023.
Change
- Previous filing in this sequence was filed on 26 Jun 2023.
- Current net transaction value: +$137,193.
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
holding
Class A Common Shares of beneficial interest
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,908
- Date
- 31 Aug 2023
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
No ticker
transaction
Derivative
Operating Partnership Units
Other
- Transaction value
- $137,193
- Shares
- +4,891
- Change %
- +10%
- Price
- $28.05
- Shares after
- 53,887
- Date
- 31 Aug 2023
- Ownership
- By W&R Thomas, LLC
- Underlying class
- Class I Common Shares of beneficial interest
- Underlying amount
- 4,891
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents common units of limited partnership interest in ExchangeRight Income Fund Operating Partnership, LP (the "Operating Partnership") ("Operating Partnership Units"), which may, subject to certain restrictions, be exchanged for a corresponding number of Class I Common Shares of beneficial interest, $0.01 par value per share, of ExchangeRight Income Fund. Operating Partnership Units do not expire.
Footnote F2
The Operating Partnership Units reported herein were acquired by W&R Thomas, LLC ("WRT"), which is a family limited liability company owned by Mr. Thomas and his spouse, in connection with the merger of a Delaware Statutory Trust ("DST") in which WRT held an interest and a wholly-owned subsidiary of the Operating Partnership (the "Merger"). The Merger closed on August 31, 2023. Pursuant to the Merger, WRT received the right to elect either cash or Operating Partnership Units in exchange for its interest in the DST. In the Merger, WRT elected to receive Operating Partnership Units in exchange for its DST interests.
Footnote F3
Represents Operating Partnership Units held directly by WRT, which is a family limited liability company owned by Mr. Thomas and his spouse. Mr. Thomas is the managing member of WRT, and in this capacity exercises sole voting and dispositive power with respect to the securities held by WRT. Mr. Thomas disclaims beneficial ownership with respect to the securities directly held by WRT.