0000899243-15-009137.txt : 20151202 0000899243-15-009137.hdr.sgml : 20151202 20151202161138 ACCESSION NUMBER: 0000899243-15-009137 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20151130 FILED AS OF DATE: 20151202 DATE AS OF CHANGE: 20151202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Landmark Apartment Trust, Inc. CENTRAL INDEX KEY: 0001347523 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 203975609 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4901 DICKENS ROAD STREET 2: STE 101 CITY: RICHMOND STATE: VA ZIP: 23230 BUSINESS PHONE: 804-237-1335 MAIL ADDRESS: STREET 1: 4901 DICKENS ROAD STREET 2: STE 101 CITY: RICHMOND STATE: VA ZIP: 23230 FORMER COMPANY: FORMER CONFORMED NAME: Landmark Apartment Trust of America, Inc. DATE OF NAME CHANGE: 20120807 FORMER COMPANY: FORMER CONFORMED NAME: Apartment Trust of America, Inc. DATE OF NAME CHANGE: 20110103 FORMER COMPANY: FORMER CONFORMED NAME: Grubb & Ellis Apartment REIT, Inc. DATE OF NAME CHANGE: 20071210 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ELCO NORTH AMERICA INC. CENTRAL INDEX KEY: 0001626110 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-52612 FILM NUMBER: 151264852 BUSINESS ADDRESS: STREET 1: YIGAL ALON STREET 98 CITY: TEL AVIV STATE: L3 ZIP: 67891 BUSINESS PHONE: 972-03-693-9696 MAIL ADDRESS: STREET 1: YIGAL ALON STREET 98 CITY: TEL AVIV STATE: L3 ZIP: 67891 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ELCO Ltd CENTRAL INDEX KEY: 0001626123 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-52612 FILM NUMBER: 151264853 BUSINESS ADDRESS: STREET 1: YIGAL ALON STREET 98 CITY: TEL AVIV STATE: L3 ZIP: 67891 BUSINESS PHONE: 972-03-693-9696 MAIL ADDRESS: STREET 1: YIGAL ALON STREET 98 CITY: TEL AVIV STATE: L3 ZIP: 67891 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: G. SALKIND LTD. CENTRAL INDEX KEY: 0001627231 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-52612 FILM NUMBER: 151264854 BUSINESS ADDRESS: STREET 1: ELECTRA TOWER, 50TH FL STREET 2: 98 YIGAL ALON STREET CITY: TEL AVIV STATE: L3 ZIP: 67891 BUSINESS PHONE: 972-3-6939696 MAIL ADDRESS: STREET 1: ELECTRA TOWER, 50TH FL STREET 2: 98 YIGAL ALON STREET CITY: TEL AVIV STATE: L3 ZIP: 67891 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SALKIND GEORG GERSHON CENTRAL INDEX KEY: 0001627184 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-52612 FILM NUMBER: 151264855 MAIL ADDRESS: STREET 1: ELECTRA TOWER, 50TH FL STREET 2: 98 YIGAL ALON STREET CITY: TEL AVIV STATE: L3 ZIP: 67891 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2015-11-30 0 0001347523 Landmark Apartment Trust, Inc. NONE 0001627184 SALKIND GEORG GERSHON ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET TEL AVIV L3 67891 ISRAEL 0 0 1 0 0001627231 G. SALKIND LTD. ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET TEL AVIV L3 67891 ISRAEL 0 0 1 0 0001626123 ELCO Ltd ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET TEL AVIV L3 67891 ISRAEL 0 0 1 0 0001626110 ELCO NORTH AMERICA INC. ELECTRA TOWER 50TH FLOOR 98 YIGAL ALON STREET TEL AVIV 67891 0 0 1 0 Common Stock 2015-11-30 4 C 0 340000 A 7511834.734 I Elco North America Inc. Operating Partnership Units 2015-11-30 4 C 0 340000 0.00 D Common Stock 340000 12309860259 I Elco North America Inc. The Issuer issued 340,000 shares of its common stock to Elco North America Inc. ("ENA") in order to redeem an equivalent number of ENA's OP Units (as defined below) in response to a notice of redemption delivered by ENA to the Issuer pursuant to the Partnership Agreement (as defined below) of Landmark Apartment Trust Holdings, LP (the "Operating Partnership"). The operating partnership units ("OP Units") represent units of limited partnership interests in the Operating Partnership. The OP Units have the rights and preferences as set forth in the Agreement of Limited Partnership of the Operating Partnership, as amended (the "Partnership Agreement"), and do, following a 12-month holding period, become redeemable, subject to certain limitations, in exchange for either (i) shares of common stock of the issuer on a one-for-one basis or (ii) a cash amount equal to the product of (A) the number of redeemed OP Units, multiplied by (B) the "cash amount" (as defined in the Partnership Agreement), provided, however, if the common stock of the issuer has not become listed or admitted to trading on any national securities exchange at the time of the redemption, the cash amount, notwithstanding anything to the contrary, shall be $8.15 per redeemed OP Unit. These 7,511,834.734 shares of Common Stock of the Issuer are held by ENA, of which Elco Limited is the sole shareholder. Approximately 64.9% of Elco Limited is held by G. Salkind Ltd., an Israeli corporation, of which Georg Gershon Salkind is the sole shareholder. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. The OP Units do not have an expiration date. These 12,309,860,259 OP Units are held by ENA, of which Elco Limited is the sole shareholder. Approximately 64.9% of Elco Limited is held by G. Salkind Ltd., an Israeli corporation, of which Georg Gershon Salkind is the sole shareholder. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. /s/ Eliezer Vessely, Attorney-in-Fact 2015-12-02 EX-24 2 attachment1.htm EX-24 DOCUMENT

                                                                      Exhibit 24

                               POWER OF ATTORNEY

                                       FOR

                         LANDMARK APARTMENT TRUST, INC.

                              SECTION 16(a) FILINGS

        Know all by these presents that the undersigned hereby constitutes and
appoints each of Michael Salkind and Eliezer Vessely as the undersigned's true
and lawful attorney-in-fact to:

        (1)     Prepare, execute in the undersigned's name and on the
undersigned's behalf, and submit to the U.S. Securities and Exchange Commission
(the "SEC") a Form ID, including amendments thereto, and any other documents
necessary or appropriate to obtain codes and passwords enabling the undersigned
to make electronic filings with the SEC of reports required by Section 16(a) of
the Securities and Exchange Act of 1934, as amended, or any rule or regulations
of the SEC;

        (2)     Execute for and on behalf of the undersigned, in the
undersigned's capacity as an officer, director, or ten percent (10%) beneficial
owner of Landmark Apartment Trust, Inc. (the "Company"), Forms 3, 4, and 5, and
amendments thereto in accordance with Section 16(a) of the Securities Exchange
Act of 1934, as amended, and the rules thereunder, and any other forms or
reports the undersigned may be required to file in connection with the
undersigned's ownership, acquisition, or disposition of securities of the
Company;

        (3)     Do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete and execute any such
Form IDs and Form 3, 4, or 5, or other form or report, or amendment thereto and
timely file such forms or reports with the SEC and any stock exchange or similar
authority; and

        (4)     Take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-fact, may be of benefit
to, in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in- fact may approve in such
attorney-in-fact's discretion.

        The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this Power of Attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorney-in-fact, in serving in such capacity at the request of the
undersigned, is not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934, as amended.

        This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to the
undersigned's holdings of and transaction in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorney-in-fact. This Power of Attorney may be filed with the SEC as
a confirming statement of the authority granted herein.

           [The remainder of this page is left intentionally blank.]

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 24th day of November, 2015.

                                        ELCO NORTH AMERICA INC.

                                        By:   /s/ Michael Salkind
                                              ----------------------------------
                                              Name: Michael Salkind
                                              Title: President

                                        By:   /s/ Eliezer Vessely
                                              ----------------------------------
                                              Name: Eliezer Vessely
                                              Title: Chief Financial Officer

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 24th day of November, 2015.

                                        ELCO LIMITED

                                        By:   /s/ Michael Salkind
                                              ----------------------------------
                                              Name: Michael Salkind
                                              Title: Co-Managing Director

                                        By:   /s/ Eliezer Vessely
                                              ----------------------------------
                                              Name: Eliezer Vessely
                                              Title: Chief Financial Officer

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 24th day of November, 2015.

                                        G. SALKIND LTD.

                                        By:   /s/ Michael Salkind
                                              ----------------------------------
                                              Name: Michael Salkind
                                              Title: Director

                                        By:   /s/ Georg Gershon Salkind
                                              ----------------------------------
                                              Name: Georg Gershon Salkind
                                              Title: Managing Director

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 24th day of November, 2015.

                                              /s/ Georg Gershon Salkind
                                              ----------------------------------
                                              Georg Gershon Salkind