Mifsud Anthony 4
4 · CORPORATE OFFICE PROPERTIES TRUST · Filed Mar 3, 2021
Insider Transaction Report
Form 4
Mifsud Anthony
EVP AND CFO
Transactions
- Award
Profit Interest Units
2021-03-01+14,752→ 38,928 total→ Common Shares (14,752 underlying) - Tax Payment
Common Shares
2021-03-01$26.00/sh−1,407$36,582→ 59,685 total
Footnotes (4)
- [F1]These shares were forfeited in a net share settlement in connection with restrictions lapsing on restricted shares.
- [F2]Each Profit Interest Unit will convert automatically into one share of beneficial interest, designated as a unit (an "OP Unit"), in Corporate Office Properties, L.P. when such Profit Interest Unit becomes vested and upon equalization of its capital account balance. OP Units are redeemable for cash, or, at the option of Corporate Office Properties Trust, exchangeable for common shares of Corporate Office Properties Trust, currently on a one-for-one basis.
- [F3]Represents Profit Interest Units issued pursuant to the Corporate Office Properties Trust 2017 Omnibus Equity and Incentive Plan.
- [F4]The Profit Interest Units will vest in three equal installments over a three-year period.