Excel Trust, Inc. 4
4 · Excel Trust, Inc. · Filed Mar 20, 2014
Insider Transaction Report
Form 4
OTTESEN S ERIC
SVP, GC and Secretary
Transactions
- Award
Common Stock
2014-03-18+17,500→ 73,648 total - Award
Common Stock
2014-03-18+32,500→ 117,814 total - Award
Common Stock
2014-03-18+11,666→ 85,314 total
Footnotes (4)
- [F1]Grant of time-based restricted stock that will vest in three equal installments on each of December 31, 2014, 2015 and 2016.
- [F2]Reflects the forfeiture of an aggregate of 39,480 shares of performance-based restricted stock originally granted to the Reporting Person on March 7, 2011, which shares were forfeited pursuant to their terms on December 31, 2013 as a result of Issuer's total stockholder return for the three-year performance period ending December 31, 2013 being lower than the threshold performance level required for vesting of the remaining shares subject to such restricted stock awards.
- [F3]Grant of performance-based restricted stock that will vest subject to Issuer's performance during fiscal 2014.
- [F4]Grant of performance-based restricted stock that will vest in three equal installments subject to Issuer's performance relative to Adjusted FFO and acquisitions objectives each year during the three-year performance period commencing January 1, 2014 and ending December 31, 2016.