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Eagle Point Credit Management LLC's Form 4 filing

ACRES Commercial Realty Corp. (ACR) · filed Sep 23, 2022

Accession no.
0001104659-22-102765
Filed
Sep 23, 2022, 8:40 PM ET
Trade date
Sep 21-23, 2022
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 8 non-derivative transactions. Open-market purchases total $452.1K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Eagle Point Credit Management LLCCIK 000160720310% Owner
Eagle Point DIF GP I LLCCIK 000183660910% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Sep 21, 20227.875% Series D Preferred StockPPurchaseAcquired+403$20.30+$8,180.9927,887Indirect
Sep 21, 20228.625% Series C Preferred StockPPurchaseAcquired+2,105$21.99+$46,288.95488,321Indirect
Sep 22, 20228.625% Series C Preferred StockPPurchaseAcquired+6,801$21.96+$149,349.96495,122Indirect
Sep 22, 20227.875% Series D Preferred StockPPurchaseAcquired+486$20.30+$9,865.8928,373Indirect
Sep 22, 2022Common Stock, $0.001 par valuePPurchaseAcquired+29$9.15+$265.351,122,241Indirect
Sep 23, 2022Common Stock, $0.001 par valuePPurchaseAcquired+7,795$8.92+$69,531.41,130,036Indirect
Sep 23, 20228.625% Series C Preferred StockPPurchaseAcquired+7,028$21.51F4+$151,172.28502,150Indirect
Sep 23, 20227.875% Series D Preferred StockPPurchaseAcquired+864$20.19+$17,444.16929,237Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F4

The price reported reflects the weighted average sales price per share. These securities were sold in multiple transactions at prices ranging from $21.46 to $21.51 per share, inclusive. Upon request by the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, the reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)