METROPOLIS REALTY TRUST INC 5
5 · METROPOLIS REALTY TRUST INC · Filed Feb 16, 1999
Insider Transaction Report
Form 5
Transactions
- Award
$10 par value(01)
1998-12-18+400→ 1,123,221 total(indirect: 02)
Holdings
- 3,000
(right to buy)
Exercise: $25.00Exp: 2006-10-10→ Common Stock (3,000 underlying)
Footnotes (3)
- [01]Previously incorrectly reported as Common Stock, $10 par value.
- [02]The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). The Goldman Sachs Group, L.P. ("GS Group") is the general partner of and owns a 99% interest in Goldman Sachs. The 400 shares of Class A Common Stock ("Common Stock") were granted to the Reporting Person pursuant to the Metropolis Realty Trust, Inc. 1996 Directors' Stock Plan and transferred to GS Group for no consideration. GS Group may be deemed to own beneficially and directly 800 shares of Common Stock. WSB Realty, L.L.C. ("WSB") may be deemed to own beneficially and directly 1,122,421 shares of Common Stock. WSB is a subsidiary of Whitehall Street Real Estate Limited Partnership V ("WSR"), a limited partnership affiliated with Goldman Sachs and GS Group. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.
- [03]These options were granted to the Reporting Person pursuant to the Metropolis Realty Trust, Inc. 1996 Directors' Stock Plan. The Reporting Person has an understanding with GS Group pursuant to which he holds the stock options for the benefit of GS Group. The options are exercisable in one-third installments beginning on the grant date which was October 10, 1996 and the first and second anniversaries thereof. By: s/ Hans L. Reich February 16, 1999 --------------------------------------------- ----------------------- **Signature of Reporting Person Date Attorney-in-fact ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Alternatively, this Form is permitted to be submitted to the Commission in electronic format at the option of the Reporting Person pursuant to Rule 101(b)(4) of Regulation S-T.