0000899243-21-000497.txt : 20210105 0000899243-21-000497.hdr.sgml : 20210105 20210105190007 ACCESSION NUMBER: 0000899243-21-000497 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201231 FILED AS OF DATE: 20210105 DATE AS OF CHANGE: 20210105 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: 21508050 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: 9130 W, POST RD STREET 2: #200 CITY: LAS VEGAS STATE: NV ZIP: 89148 BUSINESS PHONE: 702-534-5577 MAIL ADDRESS: STREET 1: 9130 W, POST RD STREET 2: #200 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 2020-12-31 0 0001642985 Parking REIT, Inc. NONE 0001088193 SHUSTEK MICHAEL V 9130 WEST POST ROAD SUITE 200 LAS VEGAS NV 89148 1 1 1 0 Chairman, CEO and Secretary Common Stock 2020-12-31 4 A 0 240000 A 1094067 I Vestin Realty Mortgage II, Inc. Common Stock 2020-12-31 4 A 0 160000 A 616834 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, 2020, 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 4, 2021, 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 interests in VRM I and VRM II. 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 9,107 shares held indirectly by VRM II. Michael V. Shustek 2021-01-05