4/A//SEC Filing
Bishop Duane F Jr 4/A
Accession 0001144204-18-064075
CIK 0001647509other
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 4:32 PM ET
Size
23.2 KB
Accession
0001144204-18-064075
Insider Transaction Report
Form 4/AAmended
Bishop Duane F Jr
Exec VP & COO
Transactions
- Gift
Class A Common Stock
2018-12-03−8,084→ 16,779 total - Disposition to Issuer
Class A Common Stock
2018-12-07−16,779→ 0 total - Disposition to Issuer
Class A Common Stock
2018-12-07−5,969→ 0 total - Disposition to Issuer
Class A Common Stock
2018-12-07−112,206→ 0 total - Disposition to Issuer
2016 Performance Shares
2018-12-07−17,908→ 0 totalExercise: $0.00From: 2018-12-31Exp: 1988-08-08→ Class A Common (17,908 underlying) - Disposition to Issuer
2018 Performance Shares
2018-12-07−12,206→ 0 totalExercise: $0.00From: 2020-12-31Exp: 1988-08-08→ Class A Common (18,310 underlying) - Disposition to Issuer
Class A Common Stock
2018-12-07−9,607→ 0 total - Disposition to Issuer
Class A Common Stock
2018-12-07−8,589→ 0 total - Disposition to Issuer
2017 Performance Shares
2018-12-07−22,904→ 0 totalExercise: $0.00From: 2019-12-31Exp: 1988-08-08→ Class A Common (17,178 underlying)
Footnotes (11)
- [F1]Shares are held by transfer agent in a direct registration account.
- [F10]At the Effective Time of the Merger, pursuant to the terms of the Merger Agreement, the unvested restricted shares outstanding immediately prior to the Effective Time, automatically vested and entitled the holder to receive a cash payment of the Merger Consideration (as defined above), without interest and less any applicable tax withholdings.
- [F11]At the Effective Time of the Merger, pro-rated amounts of 1/3 (at 200% of target), 2/3 (at 200% of target) and 100% (at 100% of target) of the Performance Share Awards granted in 2018, 2017 and 2016, respectively, automatically vested and entitled the holder to receive a cash payment of the Merger Consideration (as defined above) per vested and awarded Performance Share, without interest and less any applicable tax withholding. Target amounts awarded were based on the Issuer's actual performance through the Effective Time, as reasonably determined in good faith by the compensation committee of the Board of Directors.
- [F2]Shares are held in street account. This amendment to Mr. Bishop's Form 4, filed on 12/7/2018, reflects the reversal of a previously reported gift of 2,133 shares that was not completed prior to the Merger.
- [F3]2016 Restricted Stock Grant - 25% vest on 3/23/2017; 25% vest on 3/23/2018; and 50% vest on 3/23/2019.
- [F4]2017 Restricted Stock Grant - 25% vest on 3/24/2018; 25% vest on 3/24/2019; and 50% vest on 3/24/2020.
- [F5]2018 Restricted Stock Grant - 25% vest on 3/24/2019; 25% vest on 3/24/2020; and 50% vest on 3/24/2021.
- [F6]Performance Shares Award - granted 3/23/2016 - performance period is from January 1, 2016 to December 31, 2018. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $20.94 per share. There is no fixed expiration date.
- [F7]Performance Shares Award - granted 3/24/2017 - performance period is from January 1, 2017 to December 31, 2019. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $21.83 per share. There is no fixed expiration date.
- [F8]Performance Shares Award - granted 3/20/2018 - performance period is from January 1, 2018 to December 31, 2020. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $20.89 per share. There is no fixed expiration date.
- [F9]Pursuant to a Merger Agreement dated 7/30/2018, among Issuer, Antlia Holdings, LLC and Antlia Merger Sub Inc. (the "Merger Agreement"), on December 7, 2018 at the effective time of the Merger, as contemplated in the Merger Agreement (the "Effective Time"), all shares held as of the Effective Time entitled the holder to receive a cash payment of $25.35 per share (the "Merger Consideration") without interest.
Documents
Issuer
Forest City Realty Trust, Inc.
CIK 0001647509
Entity typeother
Related Parties
1- filerCIK 0001661556
Filing Metadata
- Form type
- 4/A
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 4:32 PM ET
- Size
- 23.2 KB