0001615774-17-000446.txt : 20170209 0001615774-17-000446.hdr.sgml : 20170209 20170209154000 ACCESSION NUMBER: 0001615774-17-000446 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170209 FILED AS OF DATE: 20170209 DATE AS OF CHANGE: 20170209 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Clipper Realty Inc. CENTRAL INDEX KEY: 0001649096 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 474579660 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4611 12TH AVENUE, SUITE 1L CITY: BROOKLYN STATE: NY ZIP: 11219 BUSINESS PHONE: 718-438-2804 MAIL ADDRESS: STREET 1: 4611 12TH AVENUE, SUITE 1L CITY: BROOKLYN STATE: NY ZIP: 11219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ivanhoe Robert Jay CENTRAL INDEX KEY: 0001697445 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38010 FILM NUMBER: 17587382 MAIL ADDRESS: STREET 1: GREENBERG TRAURIG, LLP STREET 2: 200 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10166 3 1 s105262_form3.xml OWNERSHIP DOCUMENT X0206 3 2017-02-09 0 0001649096 Clipper Realty Inc. CLPR 0001697445 Ivanhoe Robert Jay 4611 TWELFTH AVENUE BROOKLYN NY 11219 1 0 0 0 Long Term Incentive Plan Units 0 2018-01-02 Common Stock 1667 D Represents long term incentive plan units ("LTIP Units"), a class of units of Clipper Realty L.P. (the "Operating Partnership"), a direct subsidiary of the Issuer. The LTIP Units are convertible by the reporting person, upon vesting, into an equivalent number of units of limited partnership interests ("OP Units") of the Operating Partnership. Each OP Unit is redeemable at the request of the holder for cash in an amount equal to the price of a share of Common Stock of the Issuer or, at the election of the Issuer, one share of Common Stock. The rights to convert LTIP units into OP Units and redeem OP Units do not have expiration dates. /s/ Robert Ivanhoe 2017-02-06