Key facts
- This page summarizes Blackstone Holdings III L.P.'s Form 4 filing for Ellington Residential Mortgage REIT (EARN).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 21 Jun 2021, 19:55.
Blackstone Holdings III L.P. - 17 Jun 2021 Form 4 Insider Report for Ellington Residential Mortgage REIT (EARN)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- EARN
- Reported as of
- 17 Jun 2021
- Net transaction value
- -$34,240,000
- SEC form
- 4
- Accepted by SEC
- 21 Jun 2021, 19:55:55 UTC
- Prior SEC filing
- 17 Jun 2021
- Next SEC filing
- 12 Jul 2021
- Source filing
- View source filing
- Reporting owner signature
-
BLACKSTONE TACTICAL OPPORTUNITIES EARN HOLDINGS LLC By:BTO EARN Manager LLC, its MM By:BTOA LLC, its SM By:Blackstone Holdings III LP, its MM By:Blackstone Holdings III GP LP, its GP By:Blackstone Holdings III GP...
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Blackstone Holdings III L.P. filed Form 4 for Ellington Residential Mortgage REIT (EARN) on 21 Jun 2021.
Change
- Previous filing in this sequence was filed on 17 Jun 2021.
- Current net transaction value: -$34,240,000.
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.
EARN
transaction
Common Stock
Sale
- Transaction value
- $34,240,000
- Shares
- -2,675,000
- Change %
- -81%
- Price
- $12.80
- Shares after
- 628,578
- Date
- 17 Jun 2021
- Ownership
- See Footnotes
- Footnotes
- F1, F2, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Blackstone Holdings III L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
This amount represents the $13.20 public offering price per common share of beneficial interest, $0.01 par value per share ("Common Shares") of the Issuer, less the underwriting discount of $0.40 per share.
Footnote F2
These shares represent Common Shares that are directly held by Blackstone Tactical Opportunities EARN Holdings L.L.C. ("EARN Holdings").
Footnote F3
BTO EARN Manager L.L.C. is the managing member of EARN Holdings. BTOA L.L.C. is the sole member of BTO EARN Manager L.L.C. Blackstone Holdings III L.P. is the managing member of BTOA L.L.C. The general partner of Blackstone Holdings III L.P. is Blackstone Holdings III GP L.P.
Footnote F4
The general partner of Blackstone Holdings III GP L.P. is Blackstone Holdings III GP Management L.L.C. The sole member of Blackstone Holdings III GP Management L.L.C. is The Blackstone Group Inc. The sole holder of the Series II preferred stock of The Blackstone Group Inc. is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
Footnote F5
Each of such Blackstone entities and Mr. Schwarzman may be deemed to beneficially own the shares beneficially owned by EARN Holdings directly or indirectly controlled by it or him, but each (other than EARN Holdings to the extent of its direct holdings) disclaims beneficial ownership of such shares, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.