4//SEC Filing
Winthrop Realty Trust 4
Accession 0000931017-13-000006
CIK 0000037008operating
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 4:48 PM ET
Size
12.3 KB
Accession
0000931017-13-000006
Insider Transaction Report
Form 4
FUR INVESTORS LLC
10% Owner
Transactions
- Other
Common Shares of Beneficial Interest
2013-10-01$11.91/sh−743,663$8,857,026→ 3,154,586 total(indirect: see)
Footnotes (5)
- [F1]Shares were distributed to certain non-controlling members of FUR Holdings LLC, the sole member of FUR Investors LLC, who are not employees, officers or trustees of Winthrop Realty Trust (the "Issuer"), FUR Advisors, LLC (the Issuer's external advisor), or any affiliate thereof, and have no rights to participate in the management of the Issuer in full redemption of such members indirect interest in FUR Holdings LLC. The sale of such shares by the recipients are subject to sale restrictions for six months. None of the shares were distributed to officers, trustees or persons who participate in the management of the Issuer, which persons, including Michael Ashner, continue to retain their ownership interest in the same number of shares held prior to such distribution.
- [F2]Price represents the average closing price of the Issuer's common shares of beneficial interest for the first 10 trading days in September 2013.
- [F3]Shares are comprised of (i) 2,671,369 shares held by FUR Investors LLC ("Investors"); (ii) 437,882 shares held directly by Michael L. Ashner and his wife, 198,000 or which are subject to forfeiture and (iii) 45,335 shares held by the Ashner Family Evergreen Foundation, a New York not-for-profit corporation (the "Foundation"), an entity which the Reporting Person is a director.
- [F4]Each of the Reporting Persons disclaims beneficial ownership of the shares held by the Foundation.
- [F5]The Reporting Person disclaims beneficial ownership of the shares held by the Foundation. For purposes of Section 16 of the Act: (i) Investors beneficially owns 2,671,369 shares of Beneficial Interest, (ii) FUR Holdings LLC beneficially owns the number of shares of Beneficial Interest listed by Investors as held by Investors, (iii) WEM-FUR Investors LLC ("WEM") beneficially owns 1,621,733 shares of Beneficial Interest and (iv) Mr. Ashner owns 1,282,518 of the shares beneficially owned by WEM. The shares held by Investors are subject to distribution to its members at any time upon request of such member.
Documents
Issuer
Winthrop Realty Trust
CIK 0000037008
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0000037008
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 4:48 PM ET
- Size
- 12.3 KB