RIFFEE STEPHEN EDWARD 4
4 · WASHINGTON REAL ESTATE INVESTMENT TRUST · Filed Feb 12, 2021
Insider Transaction Report
Form 4
RIFFE STEPHEN EDWARD
E.V.P. & CFO-elect
Transactions
- Award
Common Stock
2021-02-10+16,925→ 105,816 total - Award
Common Stock
2021-02-10+12,995→ 118,811 total - Tax Payment
Common Stock
2021-02-10$23.45/sh−3,050$71,523→ 115,761 total
Footnotes (3)
- [F1]These are Restricted Share Awards granted for 2021 pursuant to the Washington Real Estate Investment Trust 2016 Omnibus Incentive Plan. These shares vest ratably over 3 years, beginning on 12/15/21 and 12/15/22, subject to the reporting person's continued employment through each vesting date. The vesting of the final tranche of these awards will accelerate on his retirement eligibility date, 2/02/23, per the terms of the Washington Real Estate Investment Trust 2016 Omnibus Incentive Plan.
- [F2]Restricted Share Award that vested 75% on 2/10/21 and will vest 25% on 12/31/21.
- [F3]For net share settlement of taxes on vested shares.