Key facts
- This page summarizes David Bistricer's Form 4 filing for Clipper Realty Inc. (CLPR).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 26 Feb 2026, 18:36.
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
Award
Additional SEC filing notes
Footnote F1
Represents long term incentive plan units ("LTIP Units"), a class of units of Clipper Realty L.P. (the "Operating Partnership"), a direct subsidiary of Clipper Realty Inc. (the "Company"). The LTIP Units are convertible by the reporting person, upon the vesting date, into an equivalent number of units of limited partnership units ("OP Units") of the Operating Partnership. Each OP Unit is redeemable at the request of the holder for cash in an amount equal to the price of a share of common stock of the Company or, at the election of the Company, one share of its common stock.
Footnote F2
The LTIP Units will vest in full on January 1, 2027. The rights to convert LTIP Units into OP Units and redeem OP Units do not have expiration dates.
Footnote F3
The LTIP Units will vest in full on January 1, 2029. The rights to convert LTIP Units into OP Units and redeem OP Units do not have expiration dates.