Key facts
- This page summarizes Randall Starr's Form 4 filing for FrontView REIT, Inc. (FVR).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 08 Oct 2024, 20:45.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Other
Additional SEC filing notes
Footnote F1
Represents the grant of time-based restricted stock units ("RSUs"), which are contingent rights to receive shares of the Issuer's common stock ("Shares") on a one-for-one basis, pursuant to the Issuer's 2024 Omnibus Equity and Incentive Plan. The RSUs generally vest in equal annual installments as to 1/5 of the RSUs on each of October 4, 2025, 2026, 2027, 2028 and 2029, subject to continued service with the Issuer through the applicable date.
Footnote F2
Represents receipt of fully-vested units of limited partnership interest in FrontView Operating Partnership LP (the "Operating Partnership") designated as OP Units ("OP Units") under the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, dated as of October 3, 2024 (the "Partnership Agreement"). Commencing six months from the date of issuance, each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one Share, or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement.
Footnote F3
OP Units were distributed by North American Realty Services, LLLP, a Florida limited liability limited partnership ("NARS"), to certain of its limited partners, including the Reporting Person, in connection with the consummation of the transactions contemplated by the terms of Amended and Restated Internalization Agreement, dated as of July 10, 2024, by and among the Issuer, the Operating Partnership, NADG NNN Property Fund LP, a Delaware limited partnership, NADG NNN Operating LP, a Delaware limited partnership, NADG (US) LLLP, a Delaware limited liability limited partnership, NADG (US, Inc., a Delaware corporation, NADG NNN Property Fund GP, LLLP, a Delaware limited liability limited partnership, NADG NNN Operating GP, LLLP, a Delaware limited liability limited partnership, and NARS.