4//SEC Filing
PAPA CHRISTOPHER J 4
Accession 0001209191-18-020835
CIK 0000921112other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 3:02 PM ET
Size
10.3 KB
Accession
0001209191-18-020835
Insider Transaction Report
Form 4
PAPA CHRISTOPHER J
Exec. Vice President and CFO
Transactions
- Award
Common Shares of Beneficial Interest ($0.001 par value)
2018-03-16$40.20/sh+1,059$42,572→ 30,080 total - Tax Payment
Common Shares of Beneficial Interest ($0.001 par value)
2018-03-16$40.20/sh−7,808$313,882→ 22,272 total
Footnotes (2)
- [F1]The stock acquired reflects the election by the reporting person to receive common shares in lieu of cash for all or part of annual performance bonus compensation for 2017, consistent with a policy adopted by the Trust's Compensation Committee with respect to employee annual performance bonus compensation. By making such election, the reporting person received shares equal to 120% of the cash value of such bonus or portion thereof, less applicable withholding tax (the "Bonus Value"). The reporting person received the number of common shares able to be purchased with the dollar amount of the Bonus Value based on the closing price per share of the common shares on March 16, 2018 ($40.20).
- [F2]Consists of shares withheld in payment of income taxes upon the vesting of shares issued pursuant to awards the performance or other vesting conditions relating to which have been satisfied, all of which such shares have been previously reported by the reporting person.
Issuer
LIBERTY PROPERTY TRUST
CIK 0000921112
Entity typeother
Related Parties
1- filerCIK 0001271836
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 3:02 PM ET
- Size
- 10.3 KB