4//SEC Filing
Gramercy Property Trust 4
Accession 0001297587-17-000099
CIK 0001297587operating
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 2:49 PM ET
Size
9.6 KB
Accession
0001297587-17-000099
Insider Transaction Report
Form 4
Harris Benjamin P
President
Transactions
- Sale
Common Shares
2017-06-30$29.68/sh−5,000$148,414→ 105,101 total - Tax Payment
Common Shares
2017-06-30$29.71/sh−4,026$119,612→ 122,352 total - Tax Payment
Common Shares
2017-06-30$29.71/sh−12,251$363,977→ 110,101 total
Footnotes (6)
- [F1]Represents shares retained by the Issuer to satisfy tax withholding obligations on 7,974 shares issued in settlement of restricted shares awards granted to the reporting person in July 2012.
- [F2]Represents the closing price of the Issuer's Common Shares on the New York Stock Exchange on June 30, 2017.
- [F3]Share numbers have been updated to reflect the 1-for-3 reverse share split of Gramercy Property Trust ("Gramercy") completed on December 30, 2016.
- [F4]Of the total amount of shares, 43,465 represent restricted shares that are subject to future vesting. Of the 43,465 restricted shares, (i) 10,709 will vest on June 23, 2019, (ii) 10,710 will vest on June 23, 2020, (iii) 11,023 will vest on February 25, 2020, and (iv) 11,023 will vest on February 25, 2021, all subject to the continued employment of the reporting person through the respective vesting dates.
- [F5]Represents shares retained by the Issuer to satisfy tax withholding obligations on 23,923 shares issued in settlement of restricted share units granted to the reporting person in July 2012.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.53 to $29.77, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Documents
Issuer
Gramercy Property Trust
CIK 0001297587
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001297587
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 2:49 PM ET
- Size
- 9.6 KB