Filing Details

Accession Number:
0000908662-19-000108
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-04-01 16:13:23
Reporting Period:
2019-03-29
Accepted Time:
2019-04-01 16:13:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
928953 Pillarstone Capital Reit PRLE Real Estate Investment Trusts (6798) 396594066
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1120026 Dennis Chookaszian 2600 S. Gessner Rd., Suite 555
Houston TX 77063
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 2019-03-29 1,999 $2.80 1,999 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Convertible Note Acquisiton 2019-03-29 0 $37,562.31 28,221 $1.33
Common Stock Class C Convertible Preferred Stock Acquisiton 2019-03-29 22,500 $4.00 225,000 $1.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2019-03-29 2021-11-20 No 4 P Direct
22,500 2019-03-29 No 4 P Direct
Footnotes
  1. Represents a Convertible Note payable to the Reporting Person that is convertible on or before November 20, 2021 at the option of the Reporting Person into common shares of the Issuer. The number of shares into which the Convertible Note is convertible is equal to the quotient obtained by dividing the principal amount of the note plus interest accrued by $1.331. As of March 29, 2019, the Convertible Note is convertible into 28,221 shares.
  2. The Class C Convertible Preferred Stock is convertible, at the option of the Reporting Person, at any time without the payment of any additional consideration. The number of common shares for which each share of Class C Convertible Preferred Stock is convertible is determined by dividing the sum of $10.00 and any accrued and unpaid dividends by $1.00. As of March 29, 2019, the Class C Convertible Preferred Stock held by the Reporting Person is convertible into 225,000 common shares of the Issuer.
  3. The Class C Convertible Preferred Stock is convertible at any time, at the Reporting Person's election, and has no expiration date.