4//SEC Filing
Shifrin Orrin S 4
Accession 0000803649-24-000019
CIK 0000803649other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:18 PM ET
Size
14.6 KB
Accession
0000803649-24-000019
Insider Transaction Report
Form 4
Shifrin Orrin S
EVP, Gen. Counsel & Secretary
Transactions
- Tax Payment
Common Shares of Beneficial Interest
2024-02-06$18.88/sh−21,567$407,185→ 192,543 total(indirect: See footnote) - Exercise/Conversion
Restricted Share Units
2024-02-06−18,676→ 0 total(indirect: See footnote)→ Common Shares of Beneficial Interest (18,676 underlying) - Exercise/Conversion
Common Shares of Beneficial Interest
2024-02-06+18,676→ 195,323 total(indirect: See footnote) - Award
Restricted Share Units
2024-02-06+18,786→ 18,786 total(indirect: See footnote)→ Common Shares of Beneficial Interest (18,786 underlying) - Award
Common Shares of Beneficial Interest
2024-02-06+18,787→ 214,110 total(indirect: See footnote)
Footnotes (6)
- [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 restricted share unit 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 Orrin S. Shifrin 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]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.
- [F5]On February 7, 2023, the Reporting Person received 37,352 RSUs as a result of certain performance criteria being met with respect to previously granted RSUs, vesting in two equal installments on February 7, 2023 and in February of 2024, subject to the Reporting Person's continued employment with Equity Commonwealth through such date.
- [F6]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 2025, 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 0001608764
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:18 PM ET
- Size
- 14.6 KB