4//SEC Filing
GLIMCHER REALTY TRUST 4
Accession 0001104659-15-003483
CIK 0000912898operating
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 9:19 PM ET
Size
12.4 KB
Accession
0001104659-15-003483
Insider Transaction Report
Form 4
GLIMCHER HERBERT
Director
Transactions
- Disposition to Issuer
Partnership Units of Glimcher Properties LP (the ''Units'')
2015-01-15−1,078,634→ 0 total→ Common Stock (1,078,634 underlying) - Disposition to Issuer
Common Shares of Beneficial Interest(3)
2015-01-15−10,745→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Shares of Beneficial Interest(1)
2015-01-15−82,580→ 0 total - Disposition to Issuer
Common Shares of Beneficial Interest(2)
2015-01-15−803,845→ 0 total(indirect: By Spouse)
Footnotes (6)
- [F1]Includes 72,460 common shares of beneficial interest of Glimcher Realty Trust (the "Issuer") disposed of pursuant to the Agreement and Plan of Merger, dated September 16, 2014 (the "Merger Agreement"). Each such common share of beneficial interest held by the Reporting Person was converted into 0.1989 shares of Washington Prime Group Inc. ("WPG") common stock plus $10.40 in cash upon the consummation of the merger of the Issuer with and into WPG Subsidiary Holdings I, LLC (the "Merger"). Also includes 10,120 restricted share awards, each of which vested as a common share of beneficial interest and was converted into 0.1989 of a WPG common share plus $10.40 in cash, plus any accrued but unpaid dividends with respect to such restricted share award, at the effective time of the Merger.
- [F2]Each common share of beneficial interest held by the spouse was converted into 0.1989 shares of WPG common stock plus $10.40 in cash upon the consummation of the Merger.
- [F3]Each common share of beneficial interest held by the trust was converted into 0.1989 shares of WPG common stock plus $10.40 in cash upon the consummation of the Merger.
- [F4]These shares are held in a trust for the benefit of the Reporting Person's sister-in-law. The Reporting Person's spouse is a co-trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities.
- [F5]Consists of 120,404 Units held by the Reporting Person's spouse and 958,230 Units held by Trust. At the Reporting Person's option, these Units were redeemable at any time for, at the option of Glimcher LP, (a) cash or (b) the Issuer's common shares of beneficial interest on a one-for-one basis. The price of a Unit would have been equal to its fair market value (which was generally the value of a common share of beneficial interest of the Issuer) computed as of the date of redemption.
- [F6]Disposed of pursuant to the Merger Agreement and converted into 0.7431 of a limited partnership unit of Washington Prime Group, L. P.
Documents
Issuer
GLIMCHER REALTY TRUST
CIK 0000912898
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000912898
Filing Metadata
- Form type
- 4
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 9:19 PM ET
- Size
- 12.4 KB