4//SEC Filing
MASTANDREA JAMES C 4
Accession 0001175535-21-000047
CIK 0001175535other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:50 PM ET
Size
10.5 KB
Accession
0001175535-21-000047
Insider Transaction Report
Form 4
MASTANDREA JAMES C
DirectorChairman & CEO
Transactions
- Tax Payment
Common Shares
2021-03-16$10.04/sh−2,136$21,445→ 265,972 total(indirect: By Spouse) - Exercise/Conversion
Common Shares
2020-06-02+126,431→ 126,431 total(indirect: By L.P.) - Exercise/Conversion
OP Units
2020-06-02−126,431→ 0 total(indirect: By L.P.)→ Common Shares (126,431 underlying)
Footnotes (5)
- [F1]Units of limited partnership ("OP Units") in Whitestone REIT Operating Partnership, L.P., a Delaware limited partnership, were redeemable at the holder's election at any time for cash or, at the option of the Company, common shares on a one-for-one basis. On June 2, 2020, the holder tendered its OP Units to the Company for redemption and such OP Units were redeemed for common shares.
- [F2]Represents common shares held by Midwest Development Venture IV, an Illinois limited partnership ("Midwest"). Ms. Mastandrea's spouse, James Mastandrea, owns both a limited partner interest in Midwest and 100% of the equity of the general partner of Midwest. As a result, Ms. Mastandrea may be deemed to be the beneficial owner of the common shares held by Midwest. The reporting person disclaims beneficial ownership in these shares except to the extent of her pecuniary interest therein, and the inclusion of these common shares in this report shall not be deemed an admission of beneficial ownership of all of the reported common shares for purposes of Section 16 or for any other purpose.
- [F3]Represents common shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of certain restricted units previously granted pursuant to the Company's 2008 Long-Term Equity Incentive Ownership Plan.
- [F4]Per Share value assigned by the Company to the tax withholding shares based on the closing sales price of the common shares on March 16, 2021.
- [F5]The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Documents
Issuer
Whitestone REIT
CIK 0001175535
Entity typeother
Related Parties
1- filerCIK 0001225704
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 4:50 PM ET
- Size
- 10.5 KB