Scott Randall L 4
4 · THOMAS PROPERTIES GROUP INC · Filed Apr 1, 2011
Insider Transaction Report
Form 4
Scott Randall L
DirectorExecutive Vice President
Transactions
- Award
Phantom Shares
2011-03-16+95,000→ 95,000 total→ Common Stock (95,000 underlying)
Footnotes (2)
- [F1]Each Phantom Share is the economic equivalent of one share of TPGI stock.
- [F2]The Phantom Shares vest the earlier of (1) ratably over a three year period subject to achievement of certain company and grantee performance criteria, provided that the stockholder approval necessary for the settlement of Phantom Shares in shares of TPGI stock under the company's existing Equity Incentive Plan has then been obtained, and (2) on the fifth anniversary of the grant date.