4//SEC Filing
American Realty Capital Properties, Inc. 4
Accession 0001144204-14-001746
CIK 0001507385operating
Filed
Jan 9, 7:00 PM ET
Accepted
Jan 10, 6:56 PM ET
Size
6.2 KB
Accession
0001144204-14-001746
Insider Transaction Report
Form 4
KAY DAVID S
President
Transactions
- Other
LTIPs
2014-01-08+877,118→ 877,118 totalExercise: $0.00→ Common Stock (877,118 underlying)
Footnotes (2)
- [F1]American Realty Capital Properties, Inc. ("ARCP") entered into a Multi-Year Outperformance Agreement with the reporting person. Under the plan, the reporting person will be eligible to earn performance-based bonus awards in the form of LTIP Units equal to his participation percentage of a pool that will be funded up to a maximum award opportunity. Subject to the reporting person's continued service through each vesting date, LTIP Units will vest 1/3 on each of January 8, 2017, January 8, 2018 and January 8, 2019.
- [F2]Operating Partnership Units ("OP Units") are exchangeable for cash or, at the option of ARCP's operating partnership, shares of ARCP's common stock on a one-to-one basis. OP Units are exchangeable, except under certain limited circumstances, beginning one year from the date of issuance, which includes the holding period of any units that were converted into OP Units (e.g., LTIP Units) and have no expiration date.
Documents
Issuer
American Realty Capital Properties, Inc.
CIK 0001507385
Entity typeoperating
Related Parties
1- filerCIK 0001507385
Filing Metadata
- Form type
- 4
- Filed
- Jan 9, 7:00 PM ET
- Accepted
- Jan 10, 6:56 PM ET
- Size
- 6.2 KB