0001088193-17-000005.txt : 20171113 0001088193-17-000005.hdr.sgml : 20171110 20171113193723 ACCESSION NUMBER: 0001088193-17-000005 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171109 FILED AS OF DATE: 20171113 DATE AS OF CHANGE: 20171113 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: 000-55761 FILM NUMBER: 171197898 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: MVP REIT, Inc. CENTRAL INDEX KEY: 0001546609 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 454963335 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 8880 W. SUNSET, SUITE 240 CITY: LAS VEGAS STATE: NV ZIP: 89148 BUSINESS PHONE: (702) 534-5577 MAIL ADDRESS: STREET 1: 8880 W. SUNSET, SUITE 240 CITY: LAS VEGAS STATE: NV ZIP: 89148 FORMER COMPANY: FORMER CONFORMED NAME: MVP Monthly Income Realty Trust, Inc. DATE OF NAME CHANGE: 20120405 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2017-11-09 0 0001546609 MVP REIT, Inc. none 0001088193 SHUSTEK MICHAEL V 8880 W. SUNSET ROAD SUITE 340 LAS VEGAS NV 89148 1 1 0 0 CEO Common Stock 2017-11-09 4 A 0 2304 A 36268 I Vestin Realty Mortgage II, Inc. Common Stock 2017-11-09 4 A 0 896 A 36268 I Vestin Realty Mortgage I, Inc. Common Stock 2017-11-09 4 A 0 118931.93 8.563 A 36268 I Vestin Realty Mortgage II, Inc. On November 9, 2017, Corporate Center Sunset Holdings, LLC ("Holdings") acquired 3,200 shares of common stock of MVP REIT, Inc. as purchase price adjustment (in lieu of a cash) in connection with the sale of certain real property interests to a third party, of which 2,304 shares, or 72%, is deemed beneficially owned by Vestin Realty Mortgage II, Inc. ("VRM II"). At the closing of such transaction on October 18, 2017, Holdings acquired 1,036,420 shares of the Issuer's common stock as partial purchase price consideration, of which 746,222.4 shares are beneficially owned by VRM II as previously reported on a Form 4 filed by Mr. Shustek on October 20, 2017. As a result, VRM II beneficially owns an aggregate of 867,458 shares as partial purchase price consideration for the sale of such real property interest. In a separate transaction on November 9, 2017, VRM II and MVP REIT II, Inc. each acquired 118,647.18 shares of the Issuer's common stock from a third party. On November 10, 2017, MVP REIT paid a prorated stock distribution to all their shareholders, which resulted in an additional 284.753 shares to both VRM II and MVP REIT II. As a result, as of the date hereof, VRM II owns an aggregate of 867,458 shares of the Issuer's common stock. Michael V. Shustek is a director and executive officer of VRM II, and owns 494 shares of VRM II common stock as of the date hereof, which represents approximately 29.99% of the total outstanding VRM II shares as of the date hereof. Mr. Shustek disclaims beneficial ownership of the Issuer common stock held by VRM II. VRM I is deemed to beneficially own 896 shares, or 28%, of the Issuer's common stock acquired by Holdings on November 9, 2017, in the transaction described in footnote 1 and 2. As a result, as of the date hereof, VRM I is deemed to beneficially own 368,638 shares of the Issuer's common stock, including 290,197.6 of the shares acquired by Holdings at the closing of the transaction described in footnote 1 and 2. Michael V. Shustek is a director and executive officer of VRM I, and owns 156,113 shares of VRM I common stock as of the date hereof, which represents approximately 13.41% of the total outstanding VRM I shares as of the date hereof. Mr. Shustek disclaims beneficial ownership of the Issuer common stock held by VRM I. As of the date hereof, Mr. Shustek has total indirect beneficial ownership in 36,095 shares of the Issuer's common stock, of which 6,560 shares are held by Peggy M. Shustek Trust, FBO Andrew M. Shustek, and 29,708 shares are held by MVP Capital Partners LLC. Mrs. Shustek is Mr. Shustek's spouse and his son is Andrew Shustek. MVP Capital Partners, LLC is a company wholly owned by Mr. Shustek. /s/ Michael V. Shustek 2017-11-13