4//SEC Filing
Griffiths William H 4
Accession 0000803649-23-000025
CIK 0000803649other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:50 PM ET
Size
15.6 KB
Accession
0000803649-23-000025
Insider Transaction Report
Form 4
Griffiths William H
EVP, CFO & Treasurer
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
2023-02-07+2,202→ 67,860 total(indirect: See footnote) - Tax Payment
Common Shares of Beneficial Interest
2023-02-07$25.30/sh−3,767$95,305→ 68,534 total(indirect: See footnote) - Award
Common Shares of Beneficial Interest
2023-02-07+4,441→ 72,301 total(indirect: See footnote) - Exercise/Conversion
Restricted Share Units
2023-02-07−2,202→ 0 total(indirect: See footnote)→ Common Shares of Beneficial Interest (2,202 underlying) - Award
Restricted Share Units
2023-02-07+4,441→ 4,441 total(indirect: See footnote)→ Common Shares of Beneficial Interest (4,441 underlying)
Holdings
- 6,746(indirect: By LLC)
Common Shares of Beneficial Interest
Footnotes (7)
- [F1]Each Common Share of Beneficial Interest of Equity Commonwealth ("Common Share") was received in exchange for one Restricted Share Unit ("RSU"), subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable RSU agreement for the Reporting Person. Reflects Common Shares that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs and a portion of such RSUs vesting on the Transaction Date.
- [F2]These shares/units, as applicable, are held by the William Harden Griffiths Revocable Trust, of which the Reporting Person is the trustee and a beneficiary.
- [F3]Reflects Common Shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted Common Shares and RSUs.
- [F4]These shares are held by BGAC Investments LLC, of which the Reporting Person and his spouse are members. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F5]Each RSU represents the right to receive one Common Share, subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable RSU agreement for the Reporting Person.
- [F6]On February 9, 2022, the Reporting Person received 4,405 RSUs as a result of certain performance criteria being met with respect to previously granted RSUs, vesting in two equal installments on February 9, 2022 and in February of 2023, subject to the Reporting Person's continued employment with Equity Commonwealth through such date.
- [F7]Reflects RSUs that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs. These RSUs will vest in February of 2024, subject to the Reporting Person's continued employment with Equity Commonwealth through such date.
Documents
Issuer
Equity Commonwealth
CIK 0000803649
Entity typeother
Related Parties
1- filerCIK 0001850352
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:50 PM ET
- Size
- 15.6 KB