Item
8.01: Other Events
May 20,
2008 – Vestin Realty Mortgage II, Inc., a real estate investment trust (“REIT”),
announced that on May 19, 2008, Michael V. Shustek, the Company’s President,
Chief Executive Officer and Chairman of its Board of Directors, has amended the
10b5-1 trading plan (the “Plan”), announced on April 30, 2007, pursuant to Rule
10b5-1 promulgated under the Securities Exchange Act of
1934. Pursuant to the First Amended and Restated Plan, Mr. Shustek
may spend up to an additional $2.6 million to acquire shares of the Company’s
common stock at prevailing market prices over the course of the next 13
months. All purchases will be executed by independent broker-dealers
on specified dates in accordance with the requirements of Rule
10b5-1. The First Amended and Restated Plan is scheduled to become
effective on July 2, 2008 and expire on June 24, 2009.
A copy of
the press release is furnished as Exhibit 99.1 to this report.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
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Exhibit
No.
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Description
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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.
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VESTIN
REALTY MORTGAGE II, INC.
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By
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Vestin
Mortgage, Inc., its sole manager
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Date:
May 20, 2008
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By
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/s/
Rocio Revollo
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Rocio
Revollo
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Chief
Financial Officer
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