Director Green Robert S. bought $190,000 worth of shares (10,000 units at $19.00) and converted options into 71,303 shares (SEC Form 4)
FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
FrontView REIT, Inc. [ FVR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/03/2024 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 10/04/2024 | P | 10,000 | A | $19 | 10,000 | D | |||
Common Stock | 11/21/2024 | M | 71,303 | A | (2) | 71,303 | I | See Footnote(3) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
OP Units(1) | (2) | 10/03/2024 | J(4) | 6,250 | (2) | (2) | Common Stock | 6,250 | (2)(4) | 77,553 | I | See Footnote(3) | |||
OP Units(1) | (2) | 10/03/2024 | J(4) | 6,010 | (2) | (2) | Common Stock | 6,010 | (2)(4) | 6,010 | I | See Footnote(5) | |||
OP Units(1) | (2) | 11/21/2024 | M | 71,303 | (2) | (2) | Common Stock | 71,303 | (2) | 6,250 | I | See Footnote(3) |
Explanation of Responses: |
1. Represents units of limited partnership interest in FrontView Operating Partnership LP (the "Operating Partnership") designated as OP Units ("OP Units") under the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, dated as of October 3, 2024 (the "Partnership Agreement"). |
2. Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one share of the Issuer's common stock (each, a "Share"), or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement. OP Units have no expiration date. |
3. Held by RSG (US Holdings) Limited Partnership, which is controlled by the Reporting Person. |
4. OP Units were issued by the Operating Partnership to the Reporting Person in connection with the consummation of the transactions contemplated by the terms of the Contribution Agreement, dated October 3, 2024, by and among the Operating Partnership, and certain individual contributing parties, including the Reporting Person, pursuant to which the Reporting Person contributed his common unit interest in the Issuer's predecessor entity to the Operating Partnership in exchange for OP Units in connection with the completion of the Issuer's initial public offering. |
5. Held by RSG Holdings Inc., which is wholly owned by the Reporting Person. |
/s/ Stephen Preston as Attorney-in-Fact for Robert S. Green | 04/16/2025 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |