0001140361-20-024888.txt : 20201106 0001140361-20-024888.hdr.sgml : 20201106 20201106163736 ACCESSION NUMBER: 0001140361-20-024888 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201106 FILED AS OF DATE: 20201106 DATE AS OF CHANGE: 20201106 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Corak David CENTRAL INDEX KEY: 0001804408 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36892 FILM NUMBER: 201294981 MAIL ADDRESS: STREET 1: 6410 POPLAR AVE STREET 2: SUITE 650 CITY: MEMPHIS STATE: TN ZIP: 38119 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Jernigan Capital, Inc. CENTRAL INDEX KEY: 0001622353 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 471978772 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6410 POPLAR AVE. STREET 2: SUITE 650 CITY: MEMPHIS STATE: TN ZIP: 38119 BUSINESS PHONE: 901.567.9522 MAIL ADDRESS: STREET 1: 6410 POPLAR AVE. STREET 2: SUITE 650 CITY: MEMPHIS STATE: TN ZIP: 38119 4 1 form4.xml FORM 4 X0306 4 2020-11-06 true 0001622353 Jernigan Capital, Inc. JCAP 0001804408 Corak David 6410 POPLAR AVE SUITE 650 MEMPHIS TN 38119 true SVP, Corporate Finance Common Stock 2020-11-06 4 J 0 23719 D 0 D Represents 10,361 restricted share awards and 13,358 unrestricted shares of common stock of Jernigan Capital, Inc. (the "Company"). Pursuant to the merger (the "Merger") described in the Agreement and Plan of Merger, dated as of August 3, 2020, by and among the Company, Jernigan Capital Operating Company, LLC, NexPoint RE Merger, Inc. and NexPoint RE Merger OP, LLC, as amended September 21, 2020. Each restricted share award that was outstanding immediately prior to the effective time of the Merger was cancelled in exchange for an amount in cash equal to (a) the number of Common Shares subject to the restricted share award immediately prior to the effective time of the Merger multiplied by (b) the per share Merger consideration of $17.30, and each common share that was outstanding immediately prior to the effective time of the Merger was automatically converted into the right to receive an amount in cash equal to the per share Merger consideration of $17.30. / s/ Zack Davis, as Attorney-in-Fact for Kelly P. Luttrell 2020-11-06