SEC Form SC 13D/A filed by National Research Corporation (Amendment)
1.
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Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Thomas Richardson, as the Trustee of Common Property Trust and as Manager of Common Property Trust LLC
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
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3.
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SEC USE ONLY
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4.
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Source of Funds (See Instructions)
OO
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5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
[ ]
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6.
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Citizenship or Place of Organization
United States of America
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Number of
Shares Beneficially
Owned by Each
Reporting
Person with
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7.
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Sole Voting Power
3,854,284
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8.
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Shared Voting Power
0
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9.
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Sole Dispositive Power
3,854,284
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10.
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Shared Dispositive Power
0
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11.
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Aggregate Amount Beneficially Owned by Each Reporting Person
3,854,284
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12.
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Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
[ ]
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13.
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Percent of Class Represented by Amount in Row (11)
16.2%(1)
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14.
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Type of Reporting Person (See Instructions)
IN
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(1)
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The percentage indicated is based upon 23,854,428 shares of common stock outstanding as of February 13, 2024, as reported in
the Issuer's Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on February 27, 2024.
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1.
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Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Common Property Trust
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||
2.
|
Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
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||
3.
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SEC USE ONLY
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||
4.
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Source of Funds (See Instructions)
OO
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5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
[ ]
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6.
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Citizenship or Place of Organization
Delaware
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Number of
Shares Beneficially
Owned by Each
Reporting
Person with
|
7.
|
Sole Voting Power
3,854,284
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8.
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Shared Voting Power
0
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||
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9.
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Sole Dispositive Power
3,854,284
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10.
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Shared Dispositive Power
0
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||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
3,854,284
|
||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
[ ]
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
16.2%(1)
|
||
14.
|
Type of Reporting Person (See Instructions)
OO
|
|
(1)
|
The percentage indicated is based upon 23,854,428 shares of common stock outstanding as of February 13, 2024, as reported in
the Issuer's Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on February 27, 2024.
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1.
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Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Common Property Trust LLC (85-3188822)
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2.
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Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
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||
3.
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SEC USE ONLY
|
||
4.
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Source of Funds (See Instructions)
OO
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||
5.
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Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
[ ]
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||
6.
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Citizenship or Place of Organization
Delaware
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Number of
Shares Beneficially
Owned by Each
Reporting
Person with
|
7.
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Sole Voting Power
3,854,284
|
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8.
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Shared Voting Power
0
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||
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9.
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Sole Dispositive Power
3,854,284
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10.
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Shared Dispositive Power
0
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||
11.
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Aggregate Amount Beneficially Owned by Each Reporting Person
3,854,284
|
||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
[ ]
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
16.2%(1)
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||
14.
|
Type of Reporting Person (See Instructions)
OO
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(1)
|
The percentage indicated is based upon 23,854,428 shares of common stock outstanding as of February 13, 2024, as reported in
the Issuer's Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on February 27, 2024.
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Item 1.
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Security and Issuer.
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Item 5.
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Interest in Securities of the Issuer.
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Name
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Shares of Common Stock
Beneficially Owned
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Percentage of Shares of Common Stock Beneficially Owned
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Trustee, the Trust, and CPT LLC
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Common Stock –3,854,284
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16.2%
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Name
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Trade Date
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Number of Shares
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Price Per Share
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Where and How Transaction was Effected
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Trustee, the Trust, and CPT LLC
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03/01/2024
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598,653
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$40.54
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Private sale
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Item 7.
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Material to be Filed as Exhibits.
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Joint Filing Agreement, dated March 18, 2021, by and among Common Property Trust, Common Property Trust LLC, and Thomas
Richardson as Trustee of Common Property Trust and Manager of Common Property Trust LLC (incorporated by reference to Exhibit 99.1 of the Schedule 13D filed with the Securities and Exchange Commission on March 22, 2021).
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Purchase Agreement, dated March 11, 2021, by and between Bessemer Trust Company of Delaware, N.A., as Trustee of the K/I/E
Trust Under Agreement dated October 24, 2018, and Common Property Trust LLC, a Delaware limited liability company (incorporated by reference to Exhibit 99.2 of the Schedule 13D filed with the Securities and Exchange Commission on March 22,
2021).
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Promissory Note issued by Common Property Trust LLC, in favor of Bessemer Trust Company of Delaware, N.A., as Trustee of the
K/I/E Trust under agreement dated October 24, 2018 (incorporated by reference to Exhibit 99.3 of the Schedule 13D filed with the Securities and Exchange Commission on March 22, 2021).
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Guaranty of Amandla LLC, dated March 11, 2021 (incorporated by reference to Exhibit 99.4 of the Schedule 13D filed with the
Securities and Exchange Commission on March 22, 2021).
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Power of Attorney of Common Property Trust and Thomas Richardson as Trustee of Common Property Trust (incorporated by
reference to Exhibit 99.5 of the Schedule 13D filed with the Securities and Exchange Commission on March 22, 2021).
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Power of Attorney of Common Property Trust LLC and Thomas Richardson as Manager of Common Property Trust LLC (incorporated
by reference to Exhibit 99.6 of the Schedule 13D filed with the Securities and Exchange Commission on March 22, 2021).
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Thomas Richardson, as Trustee of the Common Property Trust
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/s/ Thomas Richardson, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a Power of Attorney previously filed with the SEC
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COMMON PROPERTY TRUST, by Thomas Richardson, as Trustee
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/s/ Thomas Richardson, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a Power of Attorney previously filed with the SEC
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Thomas Richardson, as Manager of Common Property Trust LLC
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/s/ Thomas Richardson, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a Power of Attorney previously filed with the SEC
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COMMON PROPERTY TRUST LLC, by Thomas Richardson, as Trustee
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/s/ Thomas Richardson, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a Power of Attorney previously filed with the SEC
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