RIFFEE STEPHEN EDWARD 4
4 · WASHINGTON REAL ESTATE INVESTMENT TRUST · Filed Feb 17, 2022
Insider Transaction Report
Form 4
RIFFE STEPHEN EDWARD
E.V.P. & CFO-elect
Transactions
- Award
Common Stock
2022-02-16+18,355→ 137,755 total - Award
Common Stock
2022-02-16+13,787→ 119,400 total - Tax Payment
Common Stock
2022-02-16$24.54/sh−4,316$105,915→ 133,439 total
Footnotes (3)
- [F1]These are Restricted Share Awards granted for 2022 pursuant to the Washington Real Estate Investment Trust 2016 Omnibus Incentive Plan. These shares vest ratably over 3 years, beginning on 12/15/22 subject to the reporting person's continued employment through each vesting date. The vesting of the final two tranches 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 2/16/22 and will vest 25% on 12/31/22.
- [F3]For net share settlement of taxes on vested shares.