Filing Details

Accession Number:
0001437749-17-018687
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-11-08 16:07:05
Reporting Period:
2017-11-06
Accepted Time:
2017-11-08 16:07:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1649096 Clipper Realty Inc. CLPR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1588901 Sam Levinson 4611 Twelfth Avenue
Brooklyn NY 11219
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-11-06 2,000 $10.75 42,000 No 4 P Direct
Common Stock Acquisiton 2017-11-07 750 $10.65 42,750 No 4 P Direct
Common Stock Acquisiton 2017-11-06 5,000 $10.75 1,240,266 No 4 P Indirect By Trapeze Inc., a Delaware corporation
Common Stock Acquisiton 2017-11-07 4,250 $10.65 1,244,516 No 4 P Indirect By Trapeze Inc., a Delaware corporation
Common Stock Acquisiton 2017-11-06 1,500 $10.75 135,982 No 4 P Indirect By Trapeze D Holdings LLC, a Delaware limited liability company
Common Stock Acquisiton 2017-11-06 1,500 $10.75 127,835 No 4 P Indirect By ECL Holdings LLC, a Delaware limited liability company
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Indirect By Trapeze Inc., a Delaware corporation
No 4 P Indirect By Trapeze Inc., a Delaware corporation
No 4 P Indirect By Trapeze D Holdings LLC, a Delaware limited liability company
No 4 P Indirect By ECL Holdings LLC, a Delaware limited liability company
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Special Voting Stock 4,464,692 Indirect By Trapeze Inc., a Delaware corporation
Special Voting Stock 1,362,039 Indirect By Trapeze D Holdings LLC, a Delaware limited liability company
Special Voting Stock 1,469,548 Indirect By ECL Holdings LLC, a Delaware limited liability company
Footnotes
  1. Special Voting Stock is a class of stock of the Issuer that does not share in any distribution to stockholders of the Issuer, but gives the holder thereof one vote per share on all matters on which the Issuer's holders of Common Stock vote, subject to certain exceptions. Class B LLC Units are units of certain limited liability companies that are indirect subsidiaries of the Issuer. Each Class B LLC Unit is exchangeable, together with one share of Special Voting Stock for an amount of cash equal to the fair market value of a share of Common Stock of the Issuer or, at the election of the Issuer, one share of Common Stock. The right to exchange Class B LLC Units, together with Special Voting Stock, does not have an expiration date.