Sanzone ToniAnn 4
4 · W. P. Carey Inc. · Filed Jan 25, 2024
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2024-01-23+11,988→ 93,867 total - Award
Common Stock
2024-01-23+4,611→ 98,478 total
Footnotes (2)
- [F1]Represents restricted share units ("RSUs") granted under the Issuer's Long Term Incentive Plan. These RSUs are scheduled to vest in three equal annual installments beginning on February 15, 2025, and ending on February 15, 2027, and are convertible on a one-for-one basis into shares of the Issuer's Common Stock.
- [F2]Reflects the adjustment to the number of shares of common stock underlying previously granted RSUs. The adjustment was made to maintain the economic value of the shares of underlying the RSUs following the Issuer's spin-off of Net Lease Office Properties on November 1, 2023 (the "Spin-off"). These previously granted RSUs have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-off.