FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | ||||||||||||||||
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
FrontView REIT, Inc. [ FVR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/03/2024 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock(1)(2)(3)(4) | 10/03/2024 | P | 135,135 | A | $19.11(5) | 1,635,135 | D | |||
Common Stock(1)(2)(3)(4) | 10/03/2024 | P | 135,135 | A | $19.11(5) | 1,635,135 | D | |||
Common Stock(1)(2)(3)(4) | 10/03/2024 | P | 135,135 | A | $19.11(5) | 1,635,135 | I | Footnotes(2)(3) | ||
Common Stock(1)(2)(3)(4) | 10/03/2024 | P | 135,135 | A | $19.11(5) | 1,635,135 | I | Footnotes(2)(3) | ||
Common Stock(1)(2)(3)(4) | 10/03/2024 | P | 135,135 | A | $19.11(5) | 1,635,135 | I | Footnotes(2)(3) | ||
Common Stock(1)(2)(3)(4) | 10/03/2024 | P | 135,135 | A | $19.11(5) | 1,635,135 | I | Footnotes(2)(3) | ||
Common Stock(1)(2)(3)(4) | 10/08/2024 | S | 168,123 | D | $18.32(6) | 1,467,012 | D | |||
Common Stock(1)(2)(3)(4) | 10/08/2024 | S | 168,123 | D | $18.32(6) | 1,467,012 | D | |||
Common Stock(1)(2)(3)(4) | 10/08/2024 | S | 168,123 | D | $18.32(6) | 1,467,012 | I | Footnotes(2)(3) | ||
Common Stock(1)(2)(3)(4) | 10/08/2024 | S | 168,123 | D | $18.32(6) | 1,467,012 | I | Footnotes(2)(3) | ||
Common Stock(1)(2)(3)(4) | 10/08/2024 | S | 168,123 | D | $18.32(6) | 1,467,012 | I | Footnotes(2)(3) | ||
Common Stock(1)(2)(3)(4) | 10/08/2024 | S | 168,123 | D | $18.32(6) | 1,467,012 | I | Footnotes(2)(3) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. Alyeska Investment Group, L.P. (the "Investment Manager") is the investment manager of Alyeska Master Fund, L.P. (the "Fund"). In that capacity, the Investment Manager directs the voting and disposition of securities held by the Fund. The Fund is the direct owner of 1,467,012 shares of Common Stock, par value $0.01 per share ("Shares"), of FrontView REIT, Inc. (the "Issuer"). The Investment Manager receives an asset-based fee relating to the Shares directly held by the Fund and does not hold a pecuniary interest in such Shares. |
2. (i) Alyeska Fund GP, LLC is the general partner of the Fund and has an indirect profits interest in the Shares directly held by the Fund; (ii) Alyeska Investment Group, LLC is the sole owner of Alyeska Fund GP, LLC, and has an indirect profits interest in the Shares directly held by the Fund; (iii) Alyeska Investments, LLC (together with Alyeska Fund GP, LLC and Alyeska Investment Group, LLC, the "Upper Tier Entities") is the managing member of Alyeska Investment Group, LLC and has an indirect profits interest in the Shares directly held by the Fund; and (iv) Anand Parekh is the managing member of Alyeska Investments, LLC and has an indirect profits interest in the Shares directly held by the Fund. |
3. The filing of this Form 4 shall not be construed as an admission that Mr. Parekh or any Upper Tier Entity is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise the beneficial owner of any Shares. Pursuant to Rule 16a-1(a)(4) of the Exchange Act, each of Mr. Parekh and the Upper Tier Entities disclaims such beneficial ownership, except to the extent of his or its pecuniary interest. |
4. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16(a)-3(j) under the Exchange Act. |
5. The price reported in Column 4 is a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $18.87 to $19.25, inclusive. The Investment Manager undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the ranges set forth in footnotes 5 and 6 to this Form 4. |
6. The price reported in Column 4 is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $18.30 to $18.61, inclusive. |
Alyeska Investment Group, L.P., By: /s/ Jason Bragg, Chief Financial Officer | 10/08/2024 | |
Alyeska Master Fund, L.P., By: Alyeska Fund GP, LLC, By: /s/ Jason Bragg, Chief Financial Officer | 10/08/2024 | |
Alyeska Fund GP, LLC, By: /s/ Jason Bragg, Chief Financial Officer | 10/08/2024 | |
Alyeska Investment Group, LLC, By: /s/ Jason Bragg, Chief Financial Officer | 10/08/2024 | |
Alyeska Investments, LLC, By: /s/ Anand Parekh, Managing Member | 10/08/2024 | |
/s/ Anand Parekh | 10/08/2024 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |