4//SEC Filing
Merk Raymond J. 4
Accession 0000842183-23-000077
CIK 0000842183other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 8:46 PM ET
Size
16.5 KB
Accession
0000842183-23-000077
Insider Transaction Report
Form 4
RPT RealtyNYSE: RPT
Merk Raymond J.
Chief Accounting Officer
Transactions
- Award
Common Shares of Beneficial Interest
2023-12-12+4,731→ 51,599 total - Award
Common Shares of Beneficial Interest
2023-12-12+27,598→ 131,923 total - Exercise/Conversion
Common Shares of Beneficial Interest
2023-12-12+18,000→ 69,599 total - Award
Common Shares of Beneficial Interest
2023-12-12+19,736→ 89,335 total - Award
Common Shares of Beneficial Interest
2023-12-12+14,990→ 104,325 total - Tax Payment
Common Shares of Beneficial Interest
2023-12-12$12.23/sh−48,998$599,246→ 82,925 total - Exercise/Conversion
Performance Restricted Share Units
2023-12-12−9,000→ 0 total→ Common Shares of Beneficial Interest (18,000 underlying)
Footnotes (5)
- [F1]Represents restricted share units granted to the reporting person in March 2018 that were subject to performance-based vesting hurdles for the period from March 1, 2018 through December 31, 2024. In connection with that certain Agreement and Plan of Merger, dated as of August 28, 2023 (the "Merger Agreement"), by and among RPT Realty, a Maryland real estate investment trust ("RPT"), RPT Realty, L.P., a Delaware limited partnership, Kimco Realty Corporation, a Maryland corporation ("Kimco"), Kimco Realty OP, LLC, a Delaware limited liability company ("Kimco OP"), Tarpon Acquisition Sub, LLC, a Delaware limited liability company and direct wholly owned subsidiary of Kimco, and Tarpon OP Acquisition Sub, LLC, a Delaware limited liability company and direct wholly owned subsidiary of Kimco OP, the Compensation and Human Capital Committee of the Board of Trustees of RPT (the "Compensation Committee") accelerated the vesting of such restricted share units, effective as of December 12, 2023.
- [F2]Represents restricted share units granted to the reporting person in October 2020 that were subject to vesting based on the appreciation of RPT's common share price during the period from October 27, 2020 through December 31, 2024. In connection with the Merger Agreement, the Compensation Committee accelerated the vesting of such restricted shares units, effective as of December 12, 2023.
- [F3]Represents restricted share units granted to the reporting person in February 2021 that were subject to performance-based vesting hurdles for the period from January 1, 2021 through December 31, 2023. In connection with the Merger Agreement, the Compensation Committee accelerated the vesting of such restricted shares units, effective as of December 12, 2023.
- [F4]Represents restricted share units granted to the reporting person in March 2022 that were subject to performance-based vesting hurdles for the period from January 1, 2022 through December 31, 2024. In connection with the Merger Agreement, the Compensation Committee accelerated the vesting of such restricted shares units, effective as of December 12, 2023.
- [F5]Represents restricted share units granted to the reporting person in March 2023 that were subject to performance-based vesting hurdles for the period from January 1, 2023 through December 31, 2025. In connection with the Merger Agreement, the Compensation Committee accelerated the vesting of such restricted shares units, effective as of December 12, 2023.
Documents
Issuer
RPT Realty
CIK 0000842183
Entity typeother
Related Parties
1- filerCIK 0001408826
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 8:46 PM ET
- Size
- 16.5 KB