4//SEC Filing
KAMFAR RAMIN 4
Accession 0001104659-24-026987
CIK 0001903382other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 3:11 PM ET
Size
11.6 KB
Accession
0001104659-24-026987
Insider Transaction Report
Form 4
KAMFAR RAMIN
Chairman and CEO
Transactions
- Award
LTIP Units
2024-02-21+133,496→ 902,280 total(indirect: See Footnote)→ Class A Common Stock (133,496 underlying) - Award
LTIP Units
2024-02-21+13,661→ 1,011,145 total→ Class A Common Stock (13,661 underlying) - Award
LTIP Units
2024-02-21+95,204→ 997,484 total(indirect: See Footnote)→ Class A Common Stock (95,204 underlying)
Footnotes (2)
- [F1]Represents long-term incentive plan units ("LTIP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which the Issuer is the general partner. The LTIP Units are owned by Bluerock Homes Manager, LLC (the "Manager"), in which R. Ramin Kamfar owns an indirect pecuniary interest. These LTIP Units were fully vested upon issuance, and may convert to Operating Partnership Units ("OP Units") upon reaching capital account equivalency with the OP Units held by the Issuer, and may then be redeemed for cash or, at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis.
- [F2]Represents LTIP Units issued in partial satisfaction of the Issuer's Base Management Fee obligation to the Manager for the fourth quarter of 2023 and in satisfaction of the Manager's reimbursement obligation to its affiliate, Bluerock Real Estate Holdings, LLC ("BREH"), for a portion of the salary payable by BREH to R. Ramin Kamfar for the quarter ending December 31, 2023 for services provided to the Manager in Mr. Kamfar's capacity as Chief Executive Officer thereof. These LTIP Units were fully vested upon issuance, and may convert to OP Units upon reaching capital account equivalency with the OP Units held by the Issuer, and may then be redeemed for cash or, at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis.
Documents
Issuer
Bluerock Homes Trust, Inc.
CIK 0001903382
Entity typeother
Related Parties
1- filerCIK 0001111908
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 3:11 PM ET
- Size
- 11.6 KB