Form 4: Greystone Housing Impact Investors LP: Director Jacobsen Reports Acquisition and Disposal of Beneficial Unit Certificates
SEC Form 4
Director Robert Keith Jacobsen reports acquiring and disposing of Beneficial Unit Certificates in Greystone Housing Impact Investors LP.
Summary
- On February 26, 2024, Director Robert Keith Jacobsen reported a transaction involving Beneficial Unit Certificates of Greystone Housing Impact Investors LP.
- Jacobsen acquired 2,247 Beneficial Unit Certificates at a price of $0.
- Jacobsen also disposed of 4 Beneficial Unit Certificates.
- Following the reported transactions, Jacobsen beneficially owns 3,283 Beneficial Unit Certificates.
- The acquisition of restricted units is pursuant to the Amended and Restated Greystone Housing Impact Investors LP 2015 Equity Incentive Plan, which vest on November 30, 2024.
- The reporting person received 4 BUCs as of January 31, 2024, as a result of a supplemental distribution declared on December 13, 2023, payable to holders of record on December 29, 2023, at a ratio of 0.00415 BUCs for each BUC outstanding.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing transactions by a company insider, with no inherent positive or negative sentiment.
Positives
- The acquisition of restricted units indicates continued alignment of the director's interests with the company's performance.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| December 13, 2023 | GHI Board of Managers declared a supplemental distribution. |
| December 29, 2023 | Record date for the supplemental distribution. |
| January 31, 2024 | Reporting person received 4 BUCs as a result of the supplemental distribution. |
| February 26, 2024 | Date of reported transaction (acquisition and disposal of BUCs). |
| February 27, 2024 | Date of signature for the Form 4 filing. |
| November 30, 2024 | Vesting date for the restricted units. |
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