Form 4 for NYC American Strategic Investment Co.
Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-27 · accession 0001104659-23-027535 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-03-01 | 2023-02-27 | NYC | Weil Edward M Jr. | CEO, Pres, Sec, Dir | X - OptEx | $12.95 | +1,361 | 2,887 | +89% | +$17.6K | |
| I | 2023-03-01 | 2023-02-27 | NYC | Weil Edward M Jr. | CEO, Pres, Sec, Dir | X - OptEx | $12.95 | +129.9K | 275.4K | +89% | +$1.68M |
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 | 2023-02-27 | X | A | 1,361 | $12.95 | 2,887 | D See footnote | — | — | (F1) Shares of Class A common stock of American Strategic Investment Co. (the "Issuer") issued pursuant to a non-transferable rights offering, which entitled holders of rights to purchase 0.20130805 of a share of the Company's Class A common stock, par value $0.01 per share, for every right held at a subscription price of $12.95 per whole share. (F2) The reporting person is the chief executive officer and also holds a non-controlling equity interest in the entities that own and control New York City Advisors, LLC (the "Advisor"). The Advisor beneficially owns the reported securities. The reporting person disclaims beneficial ownership of the securities beneficially owned by the Advisor except to the extent of his pecuniary interest therein. The number of securities reported as indirectly beneficially owned by the reporting person in this Form 4 is the total number of securities beneficially owned by the Advisor and does not represent his pro rata indirect pecuniary interest therein (i.e. his pro rata share of the equity of the parent of the Advisor). |
| 2 | Common | Class A Common Stock | 2023-02-27 | X | A | 129,859 | $12.95 | 275,351 | I | — | — | (F1) Shares of Class A common stock of American Strategic Investment Co. (the "Issuer") issued pursuant to a non-transferable rights offering, which entitled holders of rights to purchase 0.20130805 of a share of the Company's Class A common stock, par value $0.01 per share, for every right held at a subscription price of $12.95 per whole share. |