GLIMCHER REALTY TRUST 4
4 · GLIMCHER REALTY TRUST · Filed Jan 20, 2015
Insider Transaction Report
Form 4
Williams William S
Director
Transactions
- Disposition to Issuer
Common Shares of Beneficial Interest
2015-01-15−30,027→ 0 total - Disposition to Issuer
8.125% Series G Pfd Shares of Beneficial Interest
2015-01-15−1,755→ 0 total
Footnotes (2)
- [F1]Includes 19,907 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 preferred share held by the Reporting Person was converted into a WPG preferred share on a one-to-one basis at the effective time of the Merger.