4//SEC Filing
Otto Maren 4
Accession 0001104659-19-069159
CIK 0001605607other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 9:00 PM ET
Size
13.0 KB
Accession
0001104659-19-069159
Insider Transaction Report
Form 4
Otto Maren
10% Owner
Transactions
- Other
Partnership Units
2019-11-27$13.49/sh+6,739$90,909→ 6,739 total(indirect: By CNBB-RDF Holdings, LP)→ Common Stock (6,739 underlying) - Sale
Partnership Units
2019-11-27$13.49/sh−6,739$90,909→ 0 total(indirect: By CNBB-RDF Holdings, LP)→ Common Stock (6,739 underlying) - Sale
Common Stock, par value $0.01 per share
2019-11-27$13.49/sh−5,663$76,394→ 0 total(indirect: By CNBB-RDF Holdings, LP) - Other
Common Stock, par value $0.01 per share
2019-11-27$13.49/sh+5,663$76,394→ 5,663 total(indirect: By CNBB-RDF Holdings, LP)
Holdings
- 7,138,603
Common Stock, par value $0.01 per share
Footnotes (3)
- [F1]On November 27, 2019, CNBB-RDF Holdings, LP, a limited partnership in which the reporting person has direct and indirect ownership interests ("CNBB"), acquired 33,363 shares of common stock of Paramount Group, Inc. (the "Issuer") in private transactions from certain individuals, which transactions valued such shares at $13.49 per share, in satisfaction of amounts due under promissory notes previously entered into by such individuals in favor of CNBB. Following such transactions, on November 27, 2019, CNBB sold the 33,363 shares of common stock of the Issuer in a private transaction.
- [F2]Represents common units of limited partnership interest ("OP Units") in Paramount Group Operating Partnership LP (the "Operating Partnership"). Each OP Unit is currently redeemable for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of common stock. These redemption rights have no expiration date.
- [F3]On November 27, 2019, CNBB acquired 39,698 OP Units in private transactions from certain individuals, which transactions valued such units at $13.49 per unit, in satisfaction of amounts due under promissory notes previously entered into by such individuals in favor or CNBB. Following such transactions, on November 27, 2019, CNBB sold the 39,698 OP Units in a private transaction.
Documents
Issuer
Paramount Group, Inc.
CIK 0001605607
Entity typeother
Related Parties
1- filerCIK 0001626099
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 9:00 PM ET
- Size
- 13.0 KB