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): June 11, 2012
 
Company Logo
 
VESTIN FUND III, LLC.
 (Exact name of registrant as specified in its charter)


Nevada
333-105017
87-0693972
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)


8880 WEST SUNSET ROAD, SUITE 200
LAS VEGAS, NEVADA  89148
(Address of principal executive offices)
(Zip Code)


Registrant’s telephone number, including area code: (702) 227-0965

N/A
(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 (see General Instruction A.2. below):
 

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 

 


Item 8.01. Other Events.

Vestin Fund III, LLC, a Nevada limited liability company (the "Company") announced that on June 11, 2012, Michael Shustek, the CEO and President of our manager, Vestin Mortgage, LLC, a Nevada limited liability company purchased all 114,117 of the common shares of Vestin Realty Mortgage II, Inc., a Maryland corporation ("VRTB") owned by the Company for a price of $1.41 per share for a total consideration of $160,904.97.  The price paid was based on an average of the closing price of VRTB for the trailing 60 day period.  The closing price of the VRTB common stock on June 11, 2012 was $1.19 per share.



 
 

 

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.


   
VESTIN FUND III, LLC
     
 
By
Vestin Mortgage, Inc., its sole manager
     
     
Date: June 13, 2012
By
/s/ Eric Bullinger
   
Eric Bullinger
   
Chief Financial Officer