Form 4: Greystone Housing Impact Investors LP: Director Jacobsen Reports Acquisition and Disposal of Beneficial Unit Certificates

Sentiment:

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

DateDescription
December 13, 2023GHI Board of Managers declared a supplemental distribution.
December 29, 2023Record date for the supplemental distribution.
January 31, 2024Reporting person received 4 BUCs as a result of the supplemental distribution.
February 26, 2024Date of reported transaction (acquisition and disposal of BUCs).
February 27, 2024Date of signature for the Form 4 filing.
November 30, 2024Vesting date for the restricted units.

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