0001144204-11-063119.txt : 20111110
0001144204-11-063119.hdr.sgml : 20111110
20111110175304
ACCESSION NUMBER: 0001144204-11-063119
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111108
FILED AS OF DATE: 20111110
DATE AS OF CHANGE: 20111110
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: JEKOGIAN III NICKOLAS W
CENTRAL INDEX KEY: 0001437115
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08594
FILM NUMBER: 111196742
MAIL ADDRESS:
STREET 1: NWJ COMPANIES
STREET 2: 9 EAST 40TH STREET 9TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10016
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PRESIDENTIAL REALTY CORP/DE/
CENTRAL INDEX KEY: 0000731245
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 131954619
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 180 S BROADWAY
CITY: WHITE PLAINS
STATE: NY
ZIP: 10605
BUSINESS PHONE: 9149481300
MAIL ADDRESS:
STREET 1: 180 SOUTH BROADWAY
CITY: WHITE PLAINS
STATE: NY
ZIP: 10605
4
1
v240122_4.xml
OWNERSHIP DOCUMENT
X0304
4
2011-11-08
0
0000731245
PRESIDENTIAL REALTY CORP/DE/
PDNLA
0001437115
JEKOGIAN III NICKOLAS W
C/O PRESIDENTIAL REALTY CORPORATION
180 SOUTH BROADWAY
WHITE PLAINS
NY
10605
1
1
0
0
See Remarks
Option
1.25
2011-11-08
4
A
0
370000
0
A
2021-11-08
Class B Common Stock
370000
370000
D
74,000 of the shares of Class B Common Stock covered by the Option may be purchased at any time after the expiration of six months from the transaction date; 148,000 shares of Class B Common Stock subject to the Option will become exercisable upon a sale of the Issuer's equity or certain other securities stock yielding proceeds of at least $20 million to the Issuer; and 148,000 shares of Class B Common Stock subject to the Option will become exercisable upon the consummation of a public offering of the Issuer's stock yielding proceeds of at least $40 million to the Issuer. All Options not previously exercised will become exercisable upon a change of control.
Option will expire early upon certain events of termination of the reporting person's employment.
Chairman of the Board of Directors and Chief Executive Officer
/s/ Nickolas W. Jekogian, III
2011-11-08