4/A//SEC Filing
PAPA CHRISTOPHER J 4/A
Accession 0001209191-19-014591
CIK 0000921112other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 5:09 PM ET
Size
8.9 KB
Accession
0001209191-19-014591
Insider Transaction Report
Form 4/AAmended
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
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]The Form 4 being amended hereby inadvertently reported that 7,808 shares had been withheld in payment of income taxes upon the vesting of shares issued pursuant to awards the performance or other vesting conditions relating to which had been satisfied. This transaction was reported in error and in fact did not occur.
Documents
Issuer
LIBERTY PROPERTY TRUST
CIK 0000921112
Entity typeother
Related Parties
1- filerCIK 0001271836
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 5:09 PM ET
- Size
- 8.9 KB