EDELMAN MARTIN L 4
4 · Equity Commonwealth · Filed Jun 24, 2021
Insider Transaction Report
Form 4
EDELMAN MARTIN L
Director
Transactions
- Award
LTIP Units
[F1][F2]2021-06-23+3,701→ 3,701 total→ Common Shares of Beneficial Interest (3,701 underlying)
Footnotes (2)
- [F1]Each LTIP Unit converts automatically into one share of beneficial interest, designated as a unit (an "OP Unit"), in EQC Operating Trust when the LTIP Unit becomes vested and upon equalization of its capital account with the per-unit capital account of the OP Units. OP Units are redeemable for cash or, at the option of Equity Commonwealth, exchangeable for common shares of Equity Commonwealth on a one-for-one basis.
- [F2]Represents LTIP Units issued pursuant to the applicable Equity Commonwealth equity compensation plan. The LTIP Units will vest on 6/23/2022.
Signature
/s/ Orrin S. Shifrin, attorney-in-fact|2021-06-24