Filing Details

Accession Number:
0001104659-22-059426
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-12 16:09:06
Reporting Period:
2022-05-11
Accepted Time:
2022-05-12 16:09:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1452477 Seven Hills Realty Trust SEVN () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1273871 D. Adam Portnoy Two Newton Place,
255 Washington Street Suite 300
Newton MA 02458
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 Shares Of Beneficial Interest Acquisiton 2022-05-11 882,407 $9,469,109.52 1,786,937 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares Of Beneficial Interest 175,426 Direct
Footnotes
  1. Acquired pursuant to a Letter Agreement between Tremont Realty Capital LLC ("TRC") and Diane Portnoy, dated as of May 11, 2022, pursuant to which TRC purchased 882,407 of Issuer's Common Shares of Beneficial Interest ("Common Shares") from Diane Portnoy.
  2. 78,879 Common Shares are held by ABP Trust, which includes 1,709 Common Shares acquired under the Issuer's dividend reinvestment plan since September 30, 2021. Mr. Portnoy is a holder of shares of beneficial interest in, and the sole trustee of, ABP Trust. Mr. Portnoy may be deemed to be a beneficial owner of the Common Shares owned directly by ABP Trust, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.
  3. 1,708,058 Common Shares are held by TRC. TRC is a direct wholly owned subsidiary of The RMR Group LLC ("RMR LLC") which is a direct majority owned subsidiary of The RMR Group Inc. ("RMR Inc."), of which Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is also a beneficial owner and a director of TRC, RMR LLC and RMR Inc. and Mr. Portnoy may be deemed to beneficially own the Common Shares owned directly by TRC, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.