4//SEC Filing
Baccile Peter E. 4
Accession 0001209191-20-001896
CIK 0000921825other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 4:47 PM ET
Size
16.7 KB
Accession
0001209191-20-001896
Insider Transaction Report
Form 4
Baccile Peter E.
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2020-01-02+18,001→ 69,886 total - Tax Payment
Common Stock
2020-01-02$41.23/sh−8,138$335,530→ 61,748 total - Tax Payment
Common Stock
2020-01-02$41.23/sh−9,360$385,913→ 52,388 total - Award
LTIP Units
2020-01-02+12,402→ 58,710 totalExercise: $0.00→ Common Stock (12,402 underlying) - Exercise/Conversion
Performance Units
2020-01-02−16,922→ 0 totalFrom: 2019-12-31Exp: 2019-12-31→ Common Stock (18,001 underlying)
Footnotes (9)
- [F1]Transaction resulting from the vesting of Performance Units (the "2017 Units") granted under First Industrial's 2014 Stock Incentive Plan on January 3, 2017.
- [F2]Includes 1,079 shares of First Industrial common stock issued with respect to dividend equivalents related to the 2017 Units.
- [F3]Each 2017 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 2017 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 $41.23, 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 2017 Units.
- [F5]Transaction resulting from tax withholding in connection with the vesting of restricted stock.
- [F6]Represents units of limited partnership interest ("LTIP Units") in First Industrial L.P., of which the Company is the general partner, granted under the Company's 2014 Stock Incentive Plan. An LTIP Unit that has vested and received certain allocations will automatically convert into a common unit of limited partnership interest in First Industrial, L.P. on a one-for-one basis, which common unit may in turn be converted into a share of Common Stock of the Company on a one-for-one basis.
- [F7]Not applicable. The LTIP Units vest in three equal installments on January 1, 2021, 2022 and 2023.
- [F8]Not applicable.
- [F9]The 2017 Units settled on January 2, 2020 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.
Issuer
FIRST INDUSTRIAL REALTY TRUST INC
CIK 0000921825
Entity typeother
Related Parties
1- filerCIK 0001686193
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 4:47 PM ET
- Size
- 16.7 KB