BioMed Realty Trust Inc 4
4 · BioMed Realty Trust Inc · Filed Jan 29, 2016
Insider Transaction Report
Form 4
Sztraicher Karen A
EVP, Asset Management
Transactions
- Disposition to Issuer
Common Stock
2016-01-27$23.82/sh−104,026$2,478,305→ 0 total - Disposition to Issuer
LTIP Units
2016-01-27$23.82/sh−17,000$405,006→ 0 total→ Common Stock (17,000 underlying)
Footnotes (5)
- [F1]In connection with the merger of BioMed Realty Trust, Inc. (the "Company") with and into BRE Edison L.P., an affiliate of The Blackstone Group L.P. and the Agreement and Plan of Merger, dated as of October 7, 2015, among the Company, BioMed Realty, L.P. (the "Operating Partnership") and affiliates of The Blackstone Group L.P., each holder of shares of common stock of the Company received $23.8239 in cash in exchange for each such share.
- [F2]Profits interest units of the Operating Partnership. The LTIP Units are subject to time-based restrictions.
- [F3]Upon the occurrence of certain "triggering events," the LTIP Units can over time achieve full parity with common units of the Operating Partnership for all purposes. If such parity is reached, vested LTIP Units convert to common units of the Operating Partnership.
- [F4]The LTIP Units do not have an expiration date.
- [F5]In connection with the merger of BRE Edison Acquisition L.P., an affiliate of The Blackstone Group L.P., with and into the Operating Partnership, and the Agreement and Plan of Merger, dated as of October 7, 2015, among the Company, the Operating Partnership and affiliates of The Blackstone Group L.P., the Reporting Person received $23.8239 in cash in exchange for each LTIP Unit held by the Reporting Person.