American Realty Capital Properties, Inc. 4
4 · American Realty Capital Properties, Inc. · Filed Oct 8, 2014
Insider Transaction Report
Form 4
KAY DAVID S
DirectorCEO and Director
Transactions
- Award
Common Stock
[F1][F2]2014-10-08$11.82/sh+169,205$2,000,003→ 932,033 total
Holdings
- 7,500
Series F Cumulative Redeemable Preferred Stock
- 2,631,354
LTIPs
[F3]→ Common Stock
Footnotes (3)
- [F1]Restricted shares of common stock issued pursuant to the Issuer's Equity Plan that may vest in four equal installments on each of the first, second, third and fourth anniversaries of the grant date, October 8, 2014, and which shall be earned based upon the Issuer's total stockholder return relative to its peer group from October 1, 2014 through September 30, 2016. Shares not earned will not vest in accordance with the terms of the grant.
- [F2]In accordance with Mr. Kay's Employment Agreement, dated as of October 1, 2014, the price reflects a per share value of $11.82, the closing price of the Issuer's common stock as listed on the NASDAQ Global Select Market on October 7, 2014.
- [F3]Terms of such security have been reported on a Form 4 previously filed by the reporting person.
Signature
/s/ David S. Kay|2014-10-08