UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 2, 2014
United Development Funding IV
(Exact Name of Registrant as Specified in Its Charter)
| Maryland | 000-54383 | 26-2775282 |
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer
Identification No.) |
1301 Municipal Way, Suite 100, Grapevine, Texas76051
(Address of principal executive offices)
(Zip Code)
(214) 370-8960
(Registrant’s telephone number, including area code)
None
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
United Development Funding IV (the “Trust”) hereby provides notice to its shareholders that the Trust is suspending its Distribution Reinvestment Plan, effective May 24, 2014, and suspending its Share Redemption Program, effective June 6, 2014, in contemplation of the listing of the Trust’s common shares of beneficial interest (the “Common Shares”) on The NASDAQ Global Select Market (the “Listing”). The effect of these suspensions is that, as of May 24, 2014, participants in the Distribution Reinvestment Plan will no longer receive distributions in the form of Common Shares, and as of June 6, 2014, holders of the Common Shares will no longer be able to present their shares to the Trust for redemption. Subject to applicable rules and regulations, the Trust expects to adopt a new distribution reinvestment plan following the Listing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| 99.1 | Letter to Shareholders dated May 7, 2014 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | United Development Funding IV |
| | | |
| | By: | /s/ Hollis M. Greenlaw |
| May 5, 2014 | | Name: Hollis M. Greenlaw |
| | | Title: Chief Executive Officer |
