4//SEC Filing
Otto Maren 4
Accession 0001104659-22-053899
CIK 0001605607other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 6:22 PM ET
Size
6.3 KB
Accession
0001104659-22-053899
Insider Transaction Report
Form 4
Otto Maren
10% Owner
Transactions
- Other
Partnership Units
2022-04-29$9.78/sh+9,621$94,093→ 9,621 total(indirect: By ParkProperty Capital, LP)→ Common Stock (9,621 underlying)
Footnotes (2)
- [F1]Represents common units of limited partnership interest ("OP Units") in Paramount Group Operating Partnership LP (the "Operating Partnership"). Each OP Unit is redeemable for cash equal to the fair market value of one share of common stock of Paramount Group, Inc. (the "Issuer"), except that the Issuer may, at its election, acquire each OP Unit so presented for one share of common stock of the Issuer. These redemption rights have no expiration date.
- [F2]On April 29, 2022, ParkProperty Capital, LP (formerly CNBB-RDF Holdings, LP), a limited partnership in which the reporting person has direct and indirect ownership interests ("PPC"), acquired 56,679 OP Units in the Operating Partnership in private transactions from certain individuals, which transactions valued such units at $9.78 per unit, in satisfaction of amounts due under promissory notes previously entered into by such individuals in favor of PPC.
Documents
Issuer
Paramount Group, Inc.
CIK 0001605607
Entity typeother
Related Parties
1- filerCIK 0001626099
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 6:22 PM ET
- Size
- 6.3 KB