MPG Office Trust, Inc. 4
4 · MPG Office Trust, Inc. · Filed Oct 15, 2013
Insider Transaction Report
Form 4
Vandeman George A
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2013-10-15$3.15/sh−25,000$78,750→ 12,500 totalExercise: $0.00→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-10-15$2.57/sh−15,000$38,550→ 107,500 totalExercise: $0.58Exp: 2019-07-23→ Common Stock (15,000 underlying) - Disposition to Issuer
Common Stock, par value $0.01
2013-10-15$3.15/sh−1,000$3,150→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2013-10-15$0.22/sh−45,000$9,900→ 62,500 totalExercise: $2.93Exp: 2020-06-30→ Common Stock (45,000 underlying) - Disposition to Issuer
Restricted Stock Units
2013-10-15$3.15/sh−25,000$78,750→ 37,500 totalExercise: $0.00→ Common Stock (25,000 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to the terms of the merger agreement between the Issuer and Brookfield DTLA Holdings L.P. in exchange for cash merger consideration of $3.15 per share of the Issuer's common stock on October 15, 2013 (the "effective date of the merger").
- [F2]This nonqualified stock option, which provided for vesting in three equal annual installments beginning on July 23, 2010, was canceled on the effective date of the merger pursuant to the terms of the merger agreement in exchange for a cash payment of $38,550, representing the difference between the exercise price of the option and the merger consideration of $3.15 per share.
- [F3]This nonqualified stock option, which provided for vesting in three equal annual installments beginning on June 30, 2011, was canceled on the effective date of the merger pursuant to the terms of the merger agreement in exchange for a cash payment of $9,900, representing the difference between the exercise price of the option and the merger consideration of $3.15 per share.
- [F4]This restricted stock unit award, which provided for vesting in three equal annual installments beginning on June 16, 2012, was canceled on the effective date of the merger pursuant to the terms of the merger agreement in exchange for a cash payment of $78,750, representing merger consideration of $3.15 per unit.
- [F5]This restricted stock unit award, which provided for vesting in three equal annual installments beginning on July 27, 2013, was canceled on the effective date of the merger pursuant to the terms of the merger agreement in exchange for a cash payment of $78,750, representing merger consideration of $3.15 per unit.