MPG Office Trust, Inc. 4
4 · MPG Office Trust, Inc. · Filed Oct 15, 2013
Insider Transaction Report
Form 4
Norton Christopher M.
SVP, Transactions
Transactions
- Disposition to Issuer
Restricted Stock Units
2013-10-15$3.15/sh−48,780$153,657→ 60,000 totalExercise: $0.00→ Common Stock (48,780 underlying) - Disposition to Issuer
Restricted Stock Units
2013-10-15$3.15/sh−60,000$189,000→ 0 totalExercise: $0.00→ Common Stock (60,000 underlying)
Footnotes (2)
- [F1]This restricted stock unit award provided for vesting of one-half of the award on both of December 19, 2012 and 2013. After December 19, 2012, the award was to vest on a daily pro rata basis until December 19, 2013, when the award would have been fully vested. This award was canceled on October 15, 2013 (the "effective date of the merger") pursuant to the terms of the merger agreement between the Issuer and Brookfield DTLA Holdings L.P. in exchange for a cash payment of $153,657, representing merger consideration of $3.15 per unit.
- [F2]This restricted stock unit award provided for vesting of one-twelfth of the award on September 29, 2012, December 29, 2012, March 29, 2013 and June 29, 2013. After June 29, 2013, the award was to vest on a daily pro rata basis until June 29, 2015, when the award would have been fully vested. This award was canceled on the effective date of the merger pursuant to the terms of the merger agreement in exchange for a cash payment of $189,000, representing merger consideration of $3.15 per unit.