4//SEC Filing
GLIMCHER REALTY TRUST 4
Accession 0001104659-15-003485
CIK 0000912898operating
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 9:19 PM ET
Size
17.7 KB
Accession
0001104659-15-003485
Insider Transaction Report
Form 4
Overly Niles C
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2015-01-15−3,000→ 0 totalExercise: $27.28Exp: 2017-03-07→ Common Stock (3,000 underlying) - Disposition to Issuer
Common Shares of Beneficial Interest
2015-01-15−129,627→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2015-01-15−1,200→ 0 totalExercise: $4.51Exp: 2020-03-04→ Common Stock (1,200 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-01-15−3,000→ 0 totalExercise: $25.22Exp: 2016-05-04→ Common Stock (3,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-01-15−3,000→ 0 totalExercise: $25.67Exp: 2015-03-08→ Common Stock (3,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2015-01-15−1,200→ 0 totalExercise: $10.94Exp: 2019-03-11→ Common Stock (1,200 underlying)
Footnotes (11)
- [F1]Includes 119,507 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 was, at the effective time of the Merger, converted into an award of a number of WPG restricted common shares equal to 10,120 multiplied by the sum of (x) 0.1989 of a WPG common share and (y) the quotient of (A) $10.40 divided by (B) the volume weighted average closing price of WPG common shares on the NYSE on the last ten trading days immediately prior to the Merger.
- [F10]At the effective time of the Merger, each outstanding stock option was converted into 0.784 of a WPG option with an exercise price of $5.76.
- [F11]Stock options were exercisable in three equal annual installments commencing on March 5, 2011.
- [F2]At the effective time of the Merger, each outstanding stock option was converted into 0.784 of a WPG option with an exercise price of $32.75.
- [F3]Stock options were exercisable commencing on March 9, 2005.
- [F4]At the effective time of the Merger, each outstanding stock option was converted into 0.784 of a WPG option with an exercise price of $32.17.
- [F5]Stock options were exercisable commencing on May 5, 2006.
- [F6]At the effective time of the Merger, each outstanding stock option was converted into 0.784 of a WPG option with an exercise price of $34.80.
- [F7]Stock options were exercisable commencing on March 8, 2007.
- [F8]At the effective time of the Merger, each outstanding stock option was converted into 0.784 of a WPG option with an exercise price of $1.79.
- [F9]Stock options were exercisable in three equal annual installments commencing on March 12, 2010.
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
- 17.7 KB