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Filing Details

Accession Number:: 0001104659-17-046583
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-07-24 19:02:12
Reporting Period:: 2017-01-02

Filing Date:: 2017-07-24
Accepted Time:: 2017-07-24 19:02:12
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1384710	Monogram Residential Trust Inc.	MORE	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1199519	S Robert Aisner	C/O Monogram Residential Trust, Inc. 5800 Granite Parkway, Suite 1000 Plano TX 75024		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-01-02	2,697	$0.00	31,742	No	4	P	Direct
Common Stock	Disposition	2017-01-02	20,098	$0.00	0	No	4	J	Indirect	Through Behringer Harvard Holdings, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	J	Indirect	Through Behringer Harvard Holdings, LLC

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Convertible Stock	Disposition	2017-01-02	1,000	$1.00	0	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	J	Indirect

Footnotes

The reporting person acquired these securities as part of the consideration paid for redemption of his membership interests in Behringer Harvard Holdings, LLC.
As of February 1, 2017, 8,835 of the shares reported in this box are shares of common stock of Monogram Residential Trust, Inc. and 22,906.945 are shares related to restricted stock units awarded to the reporting person that are subject to specified vesting and settlement provisions.
As a result of the redemption of his membership interests in and retirement from Behringer Harvard Holdings, LLC, the reporting person is no longer deemed a beneficial owner of these securities. At the time of Mr. Aisner's retirement and redemption of his membership interests in Behringer Harvard Holdings, LLC, Behringer Harvard Holdings, LLC owned 20,098 shares of Monogram Financial Trust common stock. The value as of the date of his retirement was $10.73 per share, based on the closing price on January 3, 2017, the next following trading day.
There is no exercise price for conversion of the reported securities.
As a result of the redemption of his membership interests in and retirement from Behringer Harvard Holdings, LLC, whicn owns and controls directly 100% of the sole general partner and owns and controls indirectly 100% of the sole limited partner of Behringer Harvard Multifamily Advisors I LP, the reporting person is no longer deemed a beneficial owner of these securities.
These securities shall become convertible: (i) upon termination of the Advisory Management Agreement entered into between Behringer Harvard Multifamily Advisors I LP (the "Advisor") and Monogram Residential Trust, Inc. (the "Company"); (ii) if the Company has paid distributions to common stockholders such that aggregate distributions are equal to 100% of the price at which the Company sold its outstanding shares of common stock plus an amount sufficient to produce a 7% cumulative, non-compounded, annual return at that price; or (iii) the listing of the common stock for trading on a national securities exchange.
Other than upon termination or expiration without renewal of the Advisory Management Agreement with the Advisor by the Company because of a material breach by the Advisor, there is no expiration date on these outstanding reportable securities becoming convertible.
The number of shares of common stock into which these reported securities shall become convertible shall be determined at the time of conversion pursuant to the terms of the convertible shares. The terms of the convertible changed on September 3, 2008 pursuant to Articles Supplementary to the Company's charter filed by the Company on such date.