0001140361-15-012009.txt : 20150316 0001140361-15-012009.hdr.sgml : 20150316 20150316165827 ACCESSION NUMBER: 0001140361-15-012009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150316 FILED AS OF DATE: 20150316 DATE AS OF CHANGE: 20150316 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Resource Real Estate Opportunity REIT, Inc. CENTRAL INDEX KEY: 0001466225 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE CRESCENT DRIVE STREET 2: SUITE 203 CITY: PHILADELPHIA STATE: PA ZIP: 19112 BUSINESS PHONE: 215-231-7050 MAIL ADDRESS: STREET 1: ONE CRESCENT DRIVE STREET 2: SUITE 203 CITY: PHILADELPHIA STATE: PA ZIP: 19112 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Saltzman Steven R. CENTRAL INDEX KEY: 0001518172 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54369 FILM NUMBER: 15703715 MAIL ADDRESS: STREET 1: ONE CRESCENT DRIVE, SUITE 203 STREET 2: NAVY YARD CORPORATE CENTER CITY: PHILADELPHIA STATE: PA ZIP: 19112 4 1 doc1.xml FORM 4 X0306 4 2015-03-16 0 0001466225 Resource Real Estate Opportunity REIT, Inc. N/A 0001518172 Saltzman Steven R. ONE CRESCENT DRIVE, SUITE 203 NAVY YARD CORPORATE CENTER PHILADELPHIA PA 19112 0 1 0 0 CFO, SVP & Treasurer Convertible Stock 2015-03-16 4 A 0 204 A Common Stock 204 804 D These Convertible Shares vest 1/3 per year or 3 years beginning March 1, 2016 and have no expiration date. Convertible Shares are automatically convertible into shares of common stock of the issuer upon the occurrence of one of two events (i) they will convert if the issuer has paid distributions to common stockholders such that the aggregate distributions are equal to 100% of the price at which the issuer sold its outstanding shares of common stock plus an amount sufficient to produce a 10% cumulative non-compounded annual return at that price or (ii) they will convert if the issuer lists its shares of common stock on a national securities exchange and on the 31st trading day after listing, the value of the issuer, based on the average trading price of its shares of common stock since the listing plus prior distributions combine to meet the same 10% return threshold for its common stockholders. Steven R. Saltzman 2015-03-16