4//SEC Filing
Levy Andrew 4
Accession 0000803649-25-000034
CIK 0000803649other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 4:15 PM ET
Size
11.3 KB
Accession
0000803649-25-000034
Insider Transaction Report
Form 4
Levy Andrew
SVP & Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Share Units
2025-03-04−328→ 0 total→ Common Shares of Beneficial Interest (328 underlying) - Exercise/Conversion
Common Shares of Beneficial Interest
2025-03-04+328→ 2,946 total - Award
Common Shares of Beneficial Interest
2025-03-04+3,950→ 6,896 total - Tax Payment
Common Shares of Beneficial Interest
2025-03-04$1.60/sh−2,739$4,382→ 4,157 total
Footnotes (4)
- [F1]Reflects Common Shares of Beneficial Interest (each, a "Common Share") of Equity Commonwealth (the "Issuer") received by the Reporting Person in settlement of outstanding time-based or performance-based Restricted Share Units (each, an "RSU"), on a one for one basis, subject to the terms and conditions set forth in the Equity Commonwealth equity compensation plan (as amended, the "Equity Plan") and the applicable RSU agreement, due to the vesting of the RSUs as a result of the determination by the Issuer's Board of Trustees that a change in control event ("Change in Control") occurred under the terms of the Equity Plan upon the sale of the Issuer's last remaining property on February 25, 2025.
- [F2]Reflects Common Shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted Common Shares and RSUs.
- [F3]Each RSU represents the right to receive one Common Share, subject to the terms and conditions set forth in the applicable Equity Plan and the applicable RSU agreement for the Reporting Person.
- [F4]RSUs previously granted, and reported on the Form 4 dated February 5, 2025, vested as a result of the determination by the Issuer's Board of Trustees that a Change in Control has occurred.
Documents
Issuer
Equity Commonwealth
CIK 0000803649
Entity typeother
Related Parties
1- filerCIK 0001913722
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 4:15 PM ET
- Size
- 11.3 KB