0001144204-14-007845.txt : 20140212
0001144204-14-007845.hdr.sgml : 20140212
20140212130033
ACCESSION NUMBER: 0001144204-14-007845
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140207
FILED AS OF DATE: 20140212
DATE AS OF CHANGE: 20140212
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: American Realty Capital Properties, Inc.
CENTRAL INDEX KEY: 0001507385
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 405 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-415-6500
MAIL ADDRESS:
STREET 1: 405 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCHORSCH NICHOLAS S
CENTRAL INDEX KEY: 0001248577
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35263
FILM NUMBER: 14598638
4
1
v368012_4.xml
OWNERSHIP DOCUMENT
X0306
4
2014-02-07
0
0001507385
American Realty Capital Properties, Inc.
ARCP
0001248577
SCHORSCH NICHOLAS S
C/O ARCP
405 PARK AVENUE
NEW YORK
NY
10022
1
1
0
0
Chairman of the BoD and CEO
Common Stock
2014-02-07
4
J
0
246914
12.7918
A
3564657
D
Series F Cumulative Redeemable Preferred Stock
8254
D
Series F Cumulative Redeemable Preferred Stock
9790
I
Held by trust for the benefit of the reporting person's children
Operating Partnership Units
Common Stock
4146513
D
Operating Partnership Units
Common Stock
197042
D
Operating Partnership Units
Common Stock
428474
D
Operating Partnership Units
Common Stock
36101
D
Operating Partnership Units
Common Stock
4153021
D
Operating Partnership Units
Common Stock
135
D
Operating Partnership Units
Common Stock
759765
D
Operating Partnership Units
Common Stock
50767
D
Operating Partnership Units
Common Stock
5238211
D
LTIPs
Common Stock
7455504
D
Operating Partnership Units
0
2014-02-07
4
J
0
122
A
Common Stock
122
122
D
Issued in lieu of cash for previously earned asset management fees payable to the issuer's manager. The reporting person is an equity holder of the manager. As a result of the issuer's transition to self-management and elimination of the manager, these shares were issued ratably to the reporting person and are now owned directly.
Terms of such security have been reported on Form 4 previously filed by reporting person.
In return for the initial capital contribution of $2,020 made by the advisor of American Realty Capital Trust III, Inc. ("ARCT III") in connection with its formation, ARCT III's operating partnership issued operating partnership units to the ARCT III advisor. Upon the consummation of the merger of the issuer and ARCT III, each ARCT III operating partnership unit was converted into 0.95 operating partnership units of the issuer's operating partnership. The reporting person owned equity interest in the ARCT III advisor. The OP units are being issued pro rata to the reporting person and are now owned directly.
Operating partnership units are exchangeable for cash or, at the option of the issuer, shares of the issuer's common stock on a one-to-one basis. Operating partnership units are exchangeable, except under certain limited circumstances, beginning one year from the date of issuance, which includes the holding period of any units that were converted into operating partnership units and have no expiration date.
/s/ Nicholas S. Schorsch
2014-02-12