SEALE SHAWN P 4
4 · CapLease, Inc. · Filed Mar 25, 2013
Insider Transaction Report
Form 4
SEALE SHAWN P
SVP, Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2013-03-25$6.12/sh−47,119$288,368→ 718,429 total - Award
Common Stock
2013-03-25+33,800→ 765,548 total - Award
Performance share units
2013-03-25+33,800→ 33,800 totalExercise: $0.00From: 2016-01-01Exp: 2016-01-01→ Common Stock (33,800 underlying)
Holdings
- 7,092(indirect: By 401(k))
Common Stock
- 10,858(indirect: By Spouse)
Common Stock
- 30,000(indirect: By Father-in-law and Mother-in-law)
Common Stock
Footnotes (3)
- [F1]Restricted stock award under the company's stock plan, which is a Rule 16b-3 plan.
- [F2]The reporting person disclaims beneficial ownership of these securities.
- [F3]The performance share units are scheduled to cliff vest after a three year performance period and are tied to an equivalent target number of shares of common stock as shown. Any actual payout of shares of common stock is dependent entirely upon the relative total shareholder return of the company compared against a peer group over the performance period. Payout will not occur until the end of the performance period and will range from 0% to 200% of the target number of shares of common stock, with payout beginning at 50% of the target number of shares at total shareholder return of the company at the 25th percentile of the peer group.