Form 4 for DHC DIVERSIFIED HEALTHCARE TRUST
Accepted 2023-06-06 00:00:00 ET · period of report 2023-06-02 · accession 0001104659-23-068597 · 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 | 2023-06-06 | 2023-06-02+ | DHC | PORTNOY ADAM D. | Dir | P - Purchase | $1.77 | +5.55M | 9.65M | +135% | +$9.80M |
| 2023-06-06 | 2023-06-05 | DHC | PORTNOY ADAM D. | Dir | A - Grant | — | +20.0K | 214.4K | +10% | — |
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 | Common Shares of Beneficial Interest | 2023-06-02 | P | A | 1,625,481 | $1.69 | 7,330,141 | I See Footnote | — | — | (F2) The reported price is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.665 to $1.71 per share. Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. (F5) These shares are held by ABP Trust; Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, may be deemed to be a beneficial owner of these shares, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Shares of Beneficial Interest | 2023-06-06 | P | A | 1,603,082 | $1.87 | 11,251,304 | I | — | — | (F4) The reported price is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.685 to $1.98 per share. Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. |
| 3 | Common | Common Shares of Beneficial Interest | 2023-06-05 | A | A | 20,000 | — | 214,373.55 | D See Footnote | — | — | (F1) Transaction reported is grant of shares pursuant to the equity compensation plan of Diversified Healthcare Trust (the "Issuer"). (F5) These shares are held by ABP Trust; Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, may be deemed to be a beneficial owner of these shares, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein. |
| 4 | Common | Common Shares of Beneficial Interest | 2023-06-05 | P | A | 2,318,081 | $1.75 | 9,648,222 | I See Footnote | — | — | (F3) The reported price is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $1.67 to $1.79 per share. Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. (F5) These shares are held by ABP Trust; Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, may be deemed to be a beneficial owner of these shares, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein. |