Harker David 4
4 · FIRST INDUSTRIAL REALTY TRUST INC · Filed Jan 4, 2019
Insider Transaction Report
Form 4
Harker David
EVP-Central Region
Transactions
- Exercise/Conversion
Performance Units
2019-01-02−21,981→ 0 totalFrom: 2018-12-31Exp: 2018-12-31→ Common Stock (23,915 underlying) - Tax Payment
Common Stock
2019-01-02$28.08/sh−4,674$131,246→ 122,957 total - Exercise/Conversion
Common Stock
2019-01-02+23,915→ 136,972 total - Tax Payment
Common Stock
2019-01-02$28.08/sh−9,341$262,295→ 127,631 total
Footnotes (6)
- [F1]Transaction resulting from the vesting of Performance Units (the "2016 Units") granted under First Industrial's 2014 Stock Incentive Plan on January 1, 2016.
- [F2]Includes 1,934 shares of First Industrial common stock issued with respect to dividend equivalents related to the 2016 Units.
- [F3]Each 2016 Unit represented the right to receive, upon vesting, one share of First Industrial common stock plus dividend equivalents representing any dividends that accrued with respect to such share after the issuance of the 2016 Units and prior to the date of vesting. The number of shares of First Industrial common stock issued with respect to dividend equivalents was calculated using a per share price of $28.08, the closing price of First Industrial's common stock as of the settlement date.
- [F4]Transaction resulting from tax withholding in connection with the vesting of the 2016 Units.
- [F5]Transaction resulting from tax withholding in connection with the vesting of restricted stock.
- [F6]The 2016 Units settled on January 2, 2019 based upon the relative total shareholder return of First Industrial's common stock as compared to the MSCI U.S. REIT Index and the NAREIT Industrial Index over the performance measurement period.