0001144204-15-033571.txt : 20150527
0001144204-15-033571.hdr.sgml : 20150527
20150527060346
ACCESSION NUMBER: 0001144204-15-033571
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150415
FILED AS OF DATE: 20150527
DATE AS OF CHANGE: 20150527
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: New York REIT, Inc.
CENTRAL INDEX KEY: 0001474464
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 271065431
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 405 PARK AVENUE
STREET 2: 14TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212 415 6500
MAIL ADDRESS:
STREET 1: 405 PARK AVENUE
STREET 2: 14TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
FORMER COMPANY:
FORMER CONFORMED NAME: AMERICAN REALTY CAPITAL NEW YORK RECOVERY REIT INC
DATE OF NAME CHANGE: 20091014
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Happel Michael A.
CENTRAL INDEX KEY: 0001548254
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36416
FILM NUMBER: 15890865
MAIL ADDRESS:
STREET 1: 405 PARK AVE., 15TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
v411713_4.xml
OWNERSHIP DOCUMENT
X0306
4
2015-04-15
0
0001474464
New York REIT, Inc.
NYRT
0001548254
Happel Michael A.
405 PARK AVE., 14TH FLOOR
NEW YORK
NY
10022
0
1
0
0
CEO & President
Common Stock
2015-05-22
4
P
0
23000
9.0425
A
43000
D
Common Stock
20000
I
see footnote
Operating Partnership Units
0
2014-04-15
4
J
0
237733
A
Common Stock
237733
237733
D
Operating Partnership Units
Common Stock
588614
D
New York Recovery Advisors, LLC (the "Advisor") was entitled to a "profits interest" in the form of Class B Units in the New York Recovery Operating Partnership, L.P. (the "Operating Partnership") in connection with its asset management services. Upon the listing of the issuer's shares of common stock on the New York Stock Exchange on April 15, 2014, each outstanding Class B Unit in the Operating Partnership was converted automatically into one OP Unit.
The Advisor, which previously owned the reported securities, is controlled by American Realty Capital III, LLC ("ARC III"). The reporting person directly or indirectly owns equity interests of ARC III. On April 15, 2014, the Advisor subsequently distributed the OP Units pro rata to the members of ARC III. As a result, the reporting person received 237,733 OP units and now owns the OP Units directly. The Advisor no longer holds any OP Units directly.
OP Units are exchangeable for cash or, at the option of the Operating Partnership, shares of the Company's common stock on a one-to-one basis. OP Units are exchangeable, except under certain limited circumstances, beginning one year from the date of issuance, which includes the holding period of any units that were converted into OP Units and have no expiration date.
Terms of the 588,614 OP Units were previously reported and described on the reporting person's Form 4 filed on December 5, 2014.
New York Recovery Limited Partnership, LLC, which owns the reported securities, is controlled by ARC III. The reporting person directly or indirectly owns equity interests in ARC III. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
/s/ Michael A. Happel
2015-05-27