0000899243-20-000782.txt : 20200107
0000899243-20-000782.hdr.sgml : 20200107
20200107192600
ACCESSION NUMBER: 0000899243-20-000782
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191231
FILED AS OF DATE: 20200107
DATE AS OF CHANGE: 20200107
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SHUSTEK MICHAEL V
CENTRAL INDEX KEY: 0001088193
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-55760
FILM NUMBER: 20514305
MAIL ADDRESS:
STREET 1: 8880 W. SUNSET ROAD
STREET 2: SUITE 340
CITY: LAS VEGAS
STATE: NV
ZIP: 89148
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Parking REIT, Inc.
CENTRAL INDEX KEY: 0001642985
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 473945882
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 8880 WEST SUNSET ROAD
STREET 2: SUITE 340
CITY: LAS VEGAS
STATE: NV
ZIP: 89148
BUSINESS PHONE: 702-534-5577
MAIL ADDRESS:
STREET 1: 8880 WEST SUNSET ROAD
STREET 2: SUITE 340
CITY: LAS VEGAS
STATE: NV
ZIP: 89148
FORMER COMPANY:
FORMER CONFORMED NAME: MVP REIT II, Inc.
DATE OF NAME CHANGE: 20150520
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-12-31
0
0001642985
Parking REIT, Inc.
NONE
0001088193
SHUSTEK MICHAEL V
8880 W. SUNSET ROAD
SUITE 240
LAS VEGAS
NV
89148
1
1
1
0
See Remarks
Common Stock
2019-12-31
4
A
0
240000
A
854067
I
Vestin Realty Mortgage II, Inc.
Common Stock
2019-12-31
4
A
0
160000
A
456834
I
Vestin Realty Mortgage I, Inc.
Common Stock
2418
I
Peggy M. Shustek Trust, FBO Andrew M. Shustek
Common Stock
11005
I
Michael V. Shustek LLC
On December 31, 2019, Parking REIT, Inc. ("Issuer") issued 400,000 shares of commons stock to MVP Realty Advisors, LLC ("Manager") pursuant to the Contribution Agreement, dated as of March 29, 2019, among the Issuer, Manager, Vestin Mortgage I, Inc. ("VRM I") (solely for Section 1.01(c) thereof), Vestin Realty Mortgage II, Inc. ("VRM II")(solely for Section 1.01(c) thereof)and Michael V. Shustek ("Reporting Person")(solely for Section 4.03 thereof). VRM I and VRM II own 40% and 60%, respectively, of the Manager's interests. On January 3, 2020, Manager distributed the 400,000 shares to VRM I and VRM II in proportion to their ownership interest. The Reporting Person is a director and executive officer of VRM I and VRM II, and beneficially owns approximately 20.05% and 33.74% of VRM I and VRM II, respectively. The Reporting Person disclaims beneficial ownership of the Issuer common stock held by VRM I and VRM II, except to the extent of his pecuniary interest therein.
These shares are held by Peggy M. Shustek Trust, FBO Andrew M. Shustek. Mrs. Shustek is the Reporting Person's spouse and his son is Andrew Shustek.
Includes 9,108 shares held indirectly by VRM II, which were inadvertently not included in the Form 4/A filed on April 10, 2019.
Chairman, Chief Executive Officer and Secretary
Michael V. Shustek
2020-01-07