Filing Details

Accession Number:
0001437749-19-024474
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-16 16:02:15
Reporting Period:
2019-12-12
Accepted Time:
2019-12-16 16:02:15
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
1107706 David Bistricer 4611 Twelfth Avenue
Brooklyn NY 11219
Co-Chairman And Ceo Yes Yes 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 2019-12-12 5,600 $9.88 338,933 No 4 P Indirect As Trustee of The Moric Bistricer 2016 Family Trust
Common Stock Acquisiton 2019-12-12 5,600 $9.88 238,933 No 4 P Indirect By Spouse as Trustee of The David Bistricer 2016 Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect As Trustee of The Moric Bistricer 2016 Family Trust
No 4 P Indirect By Spouse as Trustee of The David Bistricer 2016 Family Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 318,262 Indirect As Trustee of The Moric Bistricer 2012 Family Trust
Special Voting Stock 4,278,058 Direct
Footnotes
  1. The price is the weighted average price for the transactions reported on this line. The range of prices for the transactions reported on this line is between $9.44 and $10.00 per share. Complete information regarding the number of shares purchased at each separate price will be provided upon request by Commission Staff, the Issuer or a security holder of the Issuer.
  2. The price is the weighted average price for the transactions reported on this line. The range of prices for the transactions reported on this line is between $9.44 and $10.00 per share. Complete information regarding the number of shares purchased at each separate price will be provided upon request by Commission Staff, the Issuer or a security holder of the Issuer.
  3. 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.