Flatt William R 4
4 · City Office REIT, Inc. · Filed Feb 24, 2023
Insider Transaction Report
Form 4
Flatt William R
Director
Transactions
- Exercise/Conversion
Common Stock
2023-02-23+11,687→ 47,960 total - Exercise/Conversion
Restricted Stock Units
2023-02-23−11,687→ 0 total→ Common Stock (11,687 underlying)
Footnotes (2)
- [F1]In accordance with the Company's Equity Incentive Plan (the "Equity Incentive Plan"), Restricted Stock Units (as defined in the Equity Incentive Plan) convert into common stock on a one-for-one basis.
- [F2]The Compensation Committee and the Board of Directors of the Company approved, immediately prior to the Reporting Person's resignation from the Board of Directors of the Company, accelerated vesting of 100% of the Reporting Person's unvested equity that was otherwise scheduled to vest in three substantially equal installments on each of the first three annual anniversaries of the applicable initial grant date, generally subject to the grantee's continued service through each applicable vesting date. The restricted stock units reported herein have vested and converted to common shares as at February 23, 2023.