Filing Details

Accession Number:
0000950138-20-000179
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-20 16:20:49
Reporting Period:
2020-03-18
Accepted Time:
2020-03-20 16:20:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1784797 Broadmark Realty Capital Inc. BRMK () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1191838 M Kevin Luebbers C/O Broadmark Realty Capital Inc.
1420 Fifth Avenue, Suite 2000
Seattle WA 98101
Yes No No 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 2020-03-18 5,000 $6.86 13,613 No 4 P Direct
Common Stock Acquisiton 2020-03-18 5,000 $6.76 18,613 No 4 P Direct
Common Stock Acquisiton 2020-03-18 5,000 $6.54 23,613 No 4 P Direct
Common Stock Acquisiton 2020-03-18 5,000 $6.21 28,613 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
No 4 P Direct
Footnotes
  1. Mr. Luebbers served as a consultant to Trinity Real Estate Investments LLC ("Trinity Investments") from October 2019 to November 2019, pursuant to a consulting agreement. Mr. Luebbers's consulting agreement provides for a success fee payable by Trinity Investments to Mr. Luebbers in connection with the completion of the Issuer's business combination on November 14, 2019, pursuant to which Mr. Luebbers will receive 137,305 shares of the Issuer's common stock (the "Common Stock") and 259 warrants (the "Warrants") issued by the Issuer held by HN Investors LLC and expected to be transferred to Trinity Investments following the expiration of the lock-up agreement to which HN Investors LLC is a party.
  2. These shares of Common Stock and the Warrants are expected to represent, in the aggregate, a less than 1% beneficial ownership interest by Mr. Luebbers in the Issuer. Instead of transferring these securities to Mr. Luebbers, Trinity Investments may, at its election, pay the success fee in cash in an amount equal to the value of these securities.