4//SEC Filing
GORSKI GERALD M 4
Accession 0000899243-21-041316
CIK 0001222840other
Filed
Oct 21, 8:00 PM ET
Accepted
Oct 22, 5:38 PM ET
Size
6.3 KB
Accession
0000899243-21-041316
Insider Transaction Report
Form 4
GORSKI GERALD M
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2021-10-22−78,608→ 0 total
Footnotes (3)
- [F1]This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 18, 2021, by and among Retail Properties of America, Inc. (the "Company"), Kite Realty Group Trust ("Kite"), and KRG Oak, LLC, a wholly owned subsidiary of Kite ("Merger Sub"), pursuant to which the Company merged with and into Merger Sub (the "Merger") on October 22, 2021. Pursuant to the Merger Agreement, each issued and outstanding share of Class A common stock, $0.001 par value per share, of the Company ("Company Common Stock"), held by the reporting person was automatically converted into the right to receive 0.623 common shares of beneficial interest, $0.01 par value per share, of Kite ("Kite Common Shares"), subject to any adjustment, without interest, plus the right, if any, to receive cash in lieu of any fractional Kite Common Shares into which such shares of Company Common Stock would have been converted.
- [F2](Continued from Footnote 1) On October 21, 2021, the closing price of Company Common Stock was $13.18 per share and the closing price of Kite Common Shares was $21.10 per share.
- [F3]Pursuant to the Merger Agreement, as of immediately prior to the effective time of the Merger, each outstanding share of restricted stock held by the reporting person automatically became fully vested and all restrictions with respect thereto lapsed.
Documents
Issuer
RETAIL PROPERTIES OF AMERICA, INC.
CIK 0001222840
Entity typeother
Related Parties
1- filerCIK 0001265186
Filing Metadata
- Form type
- 4
- Filed
- Oct 21, 8:00 PM ET
- Accepted
- Oct 22, 5:38 PM ET
- Size
- 6.3 KB