4//SEC Filing
BURTON MARK T 4
Accession 0001181431-10-024930
CIK 0001478950other
Filed
May 5, 8:00 PM ET
Accepted
May 6, 5:31 PM ET
Size
8.4 KB
Accession
0001181431-10-024930
Insider Transaction Report
Form 4
BURTON MARK T
CIO, SVP - Acquisitions
Transactions
- Other
Common Stock
2010-05-06+1,111→ 1,111 total(indirect: By Excel Realty Fund) - Other
Limited Partnership Units
2010-05-04+56,564→ 56,564 totalFrom: 2011-04-28→ Common Stock (56,564 underlying)
Footnotes (4)
- [F1]This Common Stock was received in exchange for the direct or indirect contribution to the Issuer of certain ownership interests in certain partnerships and limited liability companies which own, directly or indirectly, property in Utah. The value of the Common Stock is $14.00 per share as of April 23, 2010, based upon the price of the common stock of the Issuer at the time of the Issuer's initial public offering.
- [F2]Limited Partnership Units in Excel Trust, L.P., a Delaware limited partnership, of which the Issuer is the general partner. Limited Partnership Units are redeemable twelve months from the initial public offering of the Issuer for cash based upon the fair market value of an equivalent number of shares of the Issuer's Common Stock, or, at the election of the Issuer, shares of the Issuer's Common Stock on a 1-for-1 basis.
- [F3]The Limited Partnership Units were received in exchange for the contribution to Excel Trust, L.P., of which the Issuer is the general partner, of certain ownership interests in a limited liability company which owns an office building in California. The value of the Limited Partnership Units is $14.00 per Limited Partnership Unit as of April 23, 2010, based upon the price of the common stock of the Issuer at the time of the Issuer's initial public offering.
- [F4]The Limited Partnership Units have no expiration date.
Documents
Issuer
Excel Trust, Inc.
CIK 0001478950
Entity typeother
Related Parties
1- filerCIK 0001240655
Filing Metadata
- Form type
- 4
- Filed
- May 5, 8:00 PM ET
- Accepted
- May 6, 5:31 PM ET
- Size
- 8.4 KB