Sec Form 13G Filing - LANDY EUGENE W filing for MONMOUTH REAL ESTATE INVESTMENT CORP (MNR) - 2020-01-24

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

Monmouth Real Estate Investment Corporation

(Name of Issuer)

 

Common Stock

(Title of Class of Security)

 

609720107

(CUSIP Number)

 

January 24, 2020

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

[  ] Rule 13d-1(b)
   
[X] Rule 13d-1(c)
   
[  ] Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following page(s))

 

Page 1 of 4 Pages

 

 

 

   

 

 

CUSIP No. 609720107 13G Page 2 of 4 Pages

 

1. NAME OF REPORTING PERSON
  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     
  Eugene W. Landy S.S. #On File
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
     
                                            (a) [  ]
                                            (b) [X]
   
3. SEC USE ONLY
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION
     
  Mr. Landy is a United States citizen.
   

5. SOLE VOTING POWER
       
   

905,008.148

Direct
    97,913.570 Wife
       
NUMBER OF 6. SHARED VOTING POWER
SHARES      
BENEFICIALLY   201,426.819 E.W. Landy Profit Sharing
OWNED BY   168,293.620 E.W. Landy Pension Plan
    194,405.000 E.W. & Gloria Landy Family Foundation
    13,048.000 Landy Investments Ltd.
   

41,594.264

Juniper Plaza Associates
   

31,248.185

Windsor Industrial Park Associates
       
EACH 7. SOLE DISPOSITIVE POWER
REPORTING      
PERSON  

905,008.148

Direct
WITH   97,913.570 Wife
       
  8. SHARED DISPOSITIVE POWER
       
    201,426.819 E.W. Landy Profit Sharing
    168,293.620 E.W. Landy Pension Plan
    194,405.000 E.W. & Gloria Landy Family Foundation
    13,048.000 Landy Investments Ltd.
   

41,594.264

Juniper Plaza Associates
   

31,248.185

Windsor Industrial Park Associates

 

   

 

 

CUSIP No. 609720107 13G Page 3 of 4 Pages

 

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  905,008.148   Direct
  97,913.570   Wife
 

650,015.888

  Trustee
  1,652,937.606   Total

 

*Does not include (a) 65,000 shares on which Mr. Landy has an option to purchase pursuant to the Company’s Stock Option Plan, which option expires on 1/3/21; (b) 65,000 shares on which Mr. Landy has an option to purchase pursuant to the Company’s Stock Option Plan, which option expires on 1/3/22; (c) 65,000 shares on which Mr. Landy has an option to purchase pursuant to the Company’s Stock Option Plan, which option expires on 1/5/23; (d) 65,000 shares on which Mr. Landy has an option to purchase pursuant to the Company’s Stock Option Plan, which option expires on 1/5/24; (e) 65,000 shares on which Mr. Landy has an option to purchase pursuant to the Company’s Stock Option Plan, which option expires on 1/4/25; (f) 65,000 shares on which Mr. Landy has an option to purchase pursuant to the Company’s Stock Option Plan, which option expires on 1/3/26; (g) 65,000 shares on which Mr. Landy has an option to purchase pursuant to the Company’s Stock Option Plan, which option expires on 1/10/27; and (h) 65,000 shares on which Mr. Landy has an option to purchase pursuant to the Company’s Stock Option Plan, which option expires on 1/13/28

 

10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
   
  Excludes shares held by Mr. Landy’s adult children in which he disclaims any beneficial interest.
   
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN. ROW 9: 1.69%
   
12. TYPE OF REPORTING PERSON*          IN

 

CERTIFICATION

 

By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

   

 

 

CUSIP No. 609720107 13G Page 4 of 4 Pages

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

January 24, 2020 /S/ Eugene W. Landy
  Eugene W. Landy, Chairman of the Board and Director
  Monmouth Real Estate Investment Corporation