RMR HOSPITALITY & REAL ESTATE FUND 4
4 · RMR HOSPITALITY & REAL ESTATE FUND · Filed Jun 22, 2009
Insider Transaction Report
Form 4
PORTNOY ADAM D.
DirectorPres. of FundOther
Transactions
- Other
Common Shares of Beneficial Interest
2009-06-19−5,000→ 0 total(indirect: See Footnote)
Footnotes (2)
- [F1]On June 19, 2009, RHR reorganized with RMR Real Estate Income Fund ("RIF"). In this reorganization, the assets of RHR were transferred to, and the liabilities of RHR were assumed by, RIF in exchange for common shares and auction preferred shares of RIF. In connection with this reorganization, Mr. Portnoy acquired an amount of RIF common shares with an aggregate net asset value equal to the aggregate net asset value of the RHR common shares owned by Mr. Portnoy on June 19, 2009, and Mr. Portnoy's RHR common shares were cancelled on the books of RHR and became null and void.
- [F2]By RMR Advisors, Inc., of which Mr. Portnoy is Director, President and a shareholder. Mr. Portnoy disclaims beneficial ownership of such securities, except to the extent that he may have a pecuniary interest therein.