4//SEC Filing
Brown Randall H 4
Accession 0001144204-10-032256
CIK 0001302343other
Filed
Jun 6, 8:00 PM ET
Accepted
Jun 7, 6:30 PM ET
Size
8.1 KB
Accession
0001144204-10-032256
Insider Transaction Report
Form 4
Transactions
- Other
Common Stock
2010-06-03+9,102→ 72,358 total - Other
Profits Interest Units
2010-06-03−30,000→ 0 total→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]Represents a liquidating distribution from Education Realty Limited Partner, LLC, an entity of which the reporting person is a non-managing member.
- [F2]Represents membership interests in Education Realty Limited Partner, LLC (the "LLC"), an entity that owned a special class of partnership units ("PIUs") in Education Realty Operating Partnership, LP (the "Operating Partnership"), an entity of which the issuer is the indirect general partner. Upon the occurrence of certain capital account equalization events, the PIUs would have become the equivalent of common units of limited partnership in the Operating Partnership and subsequently would have been exchangeable for shares of the issuer's common stock on a one-for-one basis.
- [F3]On June 3, 2010, the Operating Partnership purchased and redeemed all of the outstanding PIUs owned and held by the LLC. The LLC received cash and shares of the issuer's common stock for the PIUs owned and held by the LLC. Immediately after the sale was complete, the LLC was dissolved and the assets of the LLC were distributed to its members.
Documents
Issuer
Education Realty Trust, Inc.
CIK 0001302343
Entity typeother
Related Parties
1- filerCIK 0001315502
Filing Metadata
- Form type
- 4
- Filed
- Jun 6, 8:00 PM ET
- Accepted
- Jun 7, 6:30 PM ET
- Size
- 8.1 KB