Form 4 for NYC American Strategic Investment Co.
Accepted 2022-05-04 00:00:00 ET · period of report 2022-05-02 · accession 0000950142-22-001562 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2022-05-04 | 2022-05-02+ | NYC | New York City Special Ltd. Partnership, LLC | 10% | P - Purchase | $11.93 | +35.4K | 1.27M | +3% | +$422.2K |
| I | 2022-05-04 | 2022-05-02 | NYC | New York City Special Ltd. Partnership, LLC | 10% | A - Grant | $0.00 | +40.2K | 167.9K | +32% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A common stock | 2022-05-02 | P | A | 12,500 | $12.28 | 1,256,091 | I See footnote | — | — | (F1) The purchases reported in this Form 4 were automatically effected pursuant to a previously executed purchasing plan of Bellevue Capital Partners ("BCP") that is intended to comply with Rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended. Mr. Nicholas S. Schorsch is the sole managing member of BCP, and has voting and investment discretion with respect to the securities held of record by BCP. (F2) The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $11.79 to $12.45, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. |
| 2 | Common | Class A common stock | 2022-05-02 | A | A | 40,247 | $0.00 | 167,913 | I See footnote | — | — | (F5) Fully-vested shares of Class A common stock of the Issuer issued pursuant to the 2020 Advisor Omnibus Incentive Compensation Plan of the Issuer in connection with fees earned by New York City Advisors, LLC, the external advisor of the Issuer. (F6) Mr. Nicholas S. Schorsch is the sole managing member of BCP, who is the ultimate controlling person of New York City Advisors, LLC, and has voting and investment discretion with respect to the securities held of record by New York City Advisors, LLC. BCP is the sole member of AR Global Investments, LLC, who is the sole member of American Realty Capital III, LLC ("ARC III"). ARC III is the sole member of New York City Special Limited Partnership, LLC, who is the sole member of New York City Advisors, LLC, the record holder of the securities reported herein. |
| 3 | Common | Class A common stock | 2022-05-04 | P | A | 10,400 | $11.69 | 1,278,991 | I See footnote | — | — | (F1) The purchases reported in this Form 4 were automatically effected pursuant to a previously executed purchasing plan of Bellevue Capital Partners ("BCP") that is intended to comply with Rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended. Mr. Nicholas S. Schorsch is the sole managing member of BCP, and has voting and investment discretion with respect to the securities held of record by BCP. (F4) The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $11.31 to $11.83, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. |
| 4 | Common | Class A common stock | 2022-05-03 | P | A | 12,500 | $11.77 | 1,268,591 | I See footnote | — | — | (F3) The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $11.47 to $11.98, inclusive. The Reporting Persons undertake to provide to the staff of the Securities and Exchange Commission, to any security holder of the Issuer, or to the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. (F1) The purchases reported in this Form 4 were automatically effected pursuant to a previously executed purchasing plan of Bellevue Capital Partners ("BCP") that is intended to comply with Rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended. Mr. Nicholas S. Schorsch is the sole managing member of BCP, and has voting and investment discretion with respect to the securities held of record by BCP. |