0001415889-24-009337.txt : 20240328 0001415889-24-009337.hdr.sgml : 20240328 20240328164308 ACCESSION NUMBER: 0001415889-24-009337 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240328 FILED AS OF DATE: 20240328 DATE AS OF CHANGE: 20240328 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KAVANAUGH FRANK CENTRAL INDEX KEY: 0001271775 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38719 FILM NUMBER: 24799831 MAIL ADDRESS: STREET 1: 3419 VIA LIDO STREET 2: SUITE 470 CITY: NEWPORT BEACH STATE: CA ZIP: 92663 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Medalist Diversified REIT, Inc. CENTRAL INDEX KEY: 0001654595 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: BUSINESS PHONE: 804-338-7708 MAIL ADDRESS: STREET 1: PO BOX 8436 CITY: RICHMOND STATE: VA ZIP: 23226 4/A 1 form4a-03282024_080335.xml X0508 4/A 2024-03-28 2024-03-28 0001654595 Medalist Diversified REIT, Inc. MDRR 0001271775 KAVANAUGH FRANK MEDALIST DIVERSIFIED REIT, INC. POST OFFICE BOX 8436 RICHMOND VA 23226 true true true false CEO & PRESIDENT 0 Operating Partnership Units 2024-03-28 4 P 0 417391 A 2025-03-27 Common Stock 417391 456088 I See footnote (5). Operating partnership units in the Issuer's operating partnership, Medalist Diversified Holdings, LP, are redeemable for cash or, at the operating partnership's option, shares of the Issuer's common stock on a one-for-one basis; however, pursuant to the related subscription agreement between the operating partnership and RMP 3535 N. Central Ave., LLC, RMP 3535 N. Central Ave., LLC may not redeem the operating partnership units for shares of the Issuer's common stock unless such redemption is approved by a majority of the votes cast on the matter at a meeting of the stockholders of the Issuer or by written consent of the stockholders of the Issuer in lieu of a special meeting to the extent permitted by applicable state and federal law. No expiration date Operating partnership units in the Issuer's operating partnership, Medalist Diversified Holdings, LP, are redeemable for cash or, at the operating partnership's option, shares of the Issuer's common stock on a one-for-one basis; however, pursuant to the related subscription agreement between the operating partnership and RMP 3535 N. Central Ave., LLC, RMP 3535 N. Central Ave., LLC may not redeem the operating partnership units for shares of the Issuer's common stock unless such redemption is approved by a majority of the votes cast on the matter at a meeting of the stockholders of the Issuer or by written consent of the stockholders of the Issuer in lieu of a special meeting to the extent permitted by applicable state and federal law. Operating partnership units in the Issuer's operating partnership, Medalist Diversified Holdings, LP, are redeemable for cash or, at the operating partnership's option, shares of the Issuer's common stock on a one-for-one basis; however, pursuant to the related subscription agreement between the operating partnership and RMP 3535 N. Central Ave., LLC, RMP 3535 N. Central Ave., LLC may not redeem the operating partnership units for shares of the Issuer's common stock unless such redemption is approved by a majority of the votes cast on the matter at a meeting of the stockholders of the Issuer or by written consent of the stockholders of the Issuer in lieu of a special meeting to the extent permitted by applicable state and federal law. Represents operating partnership units in the Issuer's operating partnership, Medalist Diversified Holdings, LP, held by RMP 3535 N. Central Ave., LLC, which is wholly-owned by CWS BET Seattle, LP, which is wholly-owned by BET Trust dated March 11, 1999, for which the Reporting Person and his wife are co-trustees. /s/ Frank Kavanaugh 2024-03-28