Eagle Point Credit Management LLC's Form 4 filing
ACRES Commercial Realty Corp. (ACR) · filed May 5, 2023
- Accession no.
- 0001104659-23-056710
- Filed
- May 5, 2023, 7:10 PM ET
- Trade date
- May 3-5, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions. Open-market purchases total $592.0K. 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.
| Owner | Relationship to the company |
|---|---|
| Eagle Point Credit Management LLCCIK 0001607203 | 10% Owner |
| Eagle Point DIF GP I LLCCIK 0001836609 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 3, 2023 | 8.625% Series C Preferred Stock | PPurchaseAcquired | +1,000 | $19.99F4 | +$19,990 | 540,484 | Indirect | |
| May 4, 2023 | 7.875% Series D Preferred Stock | PPurchaseAcquired | +5,436 | $17.75F5 | +$96,489 | 948,239 | Indirect | |
| May 4, 2023 | 8.625% Series C Preferred Stock | PPurchaseAcquired | +23,426 | $19.85F6 | +$465,006.1 | 563,910 | Indirect | |
| May 5, 2023 | 7.875% Series D Preferred Stock | PPurchaseAcquired | +125 | $17.25 | +$2,156.25 | 948,364 | Indirect | |
| May 5, 2023 | 8.625% Series C Preferred Stock | PPurchaseAcquired | +423 | $19.80 | +$8,375.4 | 564,333 | Indirect |
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 purchase price per share. These securities were purchased in multiple transactions at prices ranging from $19.90 to $20.00 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 purchased at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported reflects the weighted average purchase price per share. These securities were purchased in multiple transactions at prices ranging from $17.68 to $17.90 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 purchased at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported reflects the weighted average purchase price per share. These securities were purchased in multiple transactions at prices ranging from $19.80 to $19.90 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 purchased at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.