Filing Details

Accession Number:
0001104659-21-038500
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-18 19:12:10
Reporting Period:
2021-03-17
Accepted Time:
2021-03-18 19:12:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1595527 New York City Reit Inc. NYC () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1490448 Jr. M Edward Weil 650 Fifth Avenue, 30Th Floor
New York NY 10019
Ceo, President And Secretary Yes Yes 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
Class A Common Stock Acquisiton 2021-03-17 150 $8.72 10,860 No 4 P Direct
Class A Common Stock Acquisiton 2021-03-18 150 $8.52 11,010 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 52,435 Indirect See footnote
Class A Common Stock 3,656 Indirect See footnote
Footnotes
  1. The transactions reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 18, 2020.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.67 to $8.75, inclusive. The reporting person undertakes to provide to New York City REIT, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.48 to $8.59, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  4. The reporting person is the chief executive officer, and also holds a non-controlling equity interest in, the entities that own and control New York City Advisors, LLC (the "Advisor"), the external advisor of the Issuer. The Advisor beneficially owns the reported securities. The reporting person disclaims beneficial ownership of the securities beneficially owned by the Advisor except to the extent of his pecuniary interest therein. The number of securities reported as indirectly beneficially owned by the reporting person in this Form 4 is the total number of securities beneficially owned by the Advisor and does not represent his pro rata indirect pecuniary interest therein (i.e. his pro rata share of the equity of the parent of the Advisor).
  5. This amount includes 2,742 shares of Class A common stock and 914.49 shares of Class B common stock. Shares of Class B common stock will automatically convert into shares of Class A common stock to be listed on the New York Stock Exchange no later than August 13, 2021.
  6. The reporting person is the chief executive officer, and also holds a non-controlling equity interest in, the entities that own and control New York City Special Limited Partnership, LLC (the "Special Limited Partner"), an affiliate of the Advisor. The Special Limited Partner beneficially owns the reported securities. The reporting person disclaims beneficial ownership of the securities beneficially owned by the Special Limited Partner except to the extent of his pecuniary interest therein. The number of securities reported as indirectly beneficially owned by the reporting person in this Form 4 is the total number of securities beneficially owned by the Special Limited Partner and does not represent his pro rata indirect pecuniary interest therein (i.e. his pro rata share of the equity of the parent of the Special Limited Partner).