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ACRES Commercial Realty Corp. — Director's Dealing 2022
Aug 25, 2022
33875_dirs_2022-08-24_fc7afe1a-620d-4602-8074-5e34062a6735.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ACRES Commercial Realty Corp. (ACR)
CIK: 0001332551
Period of Report: 2022-08-22
Reporting Person: Eagle Point Credit Management LLC (10% Owner)
Reporting Person: Eagle Point DIF GP I LLC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-22 | Common Stock, $0.001 par value | P | 400 | $9.50 | Acquired | 1095775 | Indirect |
| 2022-08-23 | 8.625% Series C Preferred Stock | P | 6070 | $21.82 | Acquired | 473991 | Indirect |
| 2022-08-24 | 8.625% Series C Preferred Stock | P | 3524 | $21.77 | Acquired | 477515 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| 7.875% Series D Preferred Stock | 918694 | Indirect |
Footnotes
F1: The securities are directly held by certain private investment funds and/or certain accounts (the "Applicable Accounts") managed by Eagle Point Credit Management LLC ("EPCM"). Eagle Point DIF GP I LLC ("DIF GP") serves as general partner to certain Applicable Accounts.
F2: EPCM and DIF GP could be deemed to have an "indirect pecuniary interest" (within the meaning of Rule 16a-1(a)(2)(ii) under the Securities Exchange Act of 1934) in securities reported herein.
F3: Each of the Reporting Persons hereby disclaims beneficial ownership of the securities described in this report pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any of the reported securities for purposes of Section 16 or for any other purpose.