Cypress Family Trust dated June 10, 2022's Form 4 filing
Bluerock Homes Trust, Inc. (BHM) · filed Nov 13, 2023
- Accession no.
- 0001104659-23-117197
- Filed
- Nov 13, 2023
- Trade date
- May 8, 2023
- Filing delay
- 189 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 1 derivative transaction. It was filed 189 days after the trade, past the 2-business-day deadline.
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 |
|---|---|
| Cypress Family Trust dated June 10, 2022CIK 0001976934 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 8, 2023 | Class A Common Stock | PPurchaseAcquired | +774,702 | –F1 | – | 2,803,484 | 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.
- F1
On May 8, 2023, in connection with estate-related matters and by mutual agreement of the parties effective as of April 1, 2023, the Reporting Person, through a limited liability company in which the Reporting Person owns a direct majority interest, acquired an aggregate of 774,702 units of limited partnership interest ("OP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which the Issuer is the general partner, from a separate irrevocable trust of which beneficiaries of the Reporting Person, or their immediate family members, are also the beneficiaries and of which the Reporting Person is neither a trustee nor a beneficiary, for fair market value of $19.53 per unit based on the average price of the Issuer's Class A Common Stock on March 31, 2023 (the trading day immediately preceding April 1, 2023).
Referenced by the price of 1 transaction in Table II.
Remarks
The Reporting Person is an irrevocable trust formed in 2022 for estate planning purposes by its settlor, who is neither a trustee nor a beneficiary of the Reporting Person, in accordance with the laws of the State of Delaware. This Form 4 reports securities indirectly held by the Reporting Person through its ownership of membership interests in a limited liability company in which the Reporting Person owns a direct majority interest.