4//SEC Filing
Education Realty Trust, Inc. 4
Accession 0001302343-16-000226
CIK 0001302343operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 6:52 PM ET
Size
24.8 KB
Accession
0001302343-16-000226
Insider Transaction Report
Form 4
Trubiana Thomas
Chief Investment Officer
Transactions
- Tax Payment
Common Stock
2016-01-01$37.88/sh−1,199$45,418→ 92,084 total - Tax Payment
Common Stock
2016-01-01$37.88/sh−1,136$43,032→ 90,948 total - Award
Profit-Only Interest
2016-01-01+4,620→ 41,779 total→ Common Stock (4,620 underlying) - Award
Common Stock
2016-01-01+4,200→ 93,283 total
Footnotes (6)
- [F1]Represents shares of common stock issued as a result of the vesting of performances-based restricted stock units ("RSUs") previously granted pursuant to the Education Realty Trust, Inc. ("EdR") 2013 Long-Term Incentive Plan.
- [F2]Represents shares surrendered to EdR to satisfy tax withholding obligations in connection with the vesting of previously granted restricted stock.
- [F3]Represents shares surrendered to EdR to satisfy tax withholding obligations in connection with the vesting of previously granted RSUs.
- [F4]Represents a grant pursuant to the EdR 2016 Long-Term Incentive Plan which will vest ratably over three years beginning on January 1, 2017. The reporting person has electedto receive his award in the form of profit-only interests ("POIs") in Education Realty Operating Partnership, LP (the "Operating Partnership"), a subsidiary of EdR.
- [F5]Upon the occurrence of certain capital account equalization events, the POIs will become ordinary units of the Operating Partnership and be exchangeable for cash or, at EdR's option, shares of EdR's common stock on a one-for-one basis.
- [F6]Represents (i) 1,686 POIs granted under the EdR 2015 Long-Term Incentive Plan that vested on January 1, 2016, (ii) 3,372 POIs granted under the 2015 Long-Term Incentive Plan that will vest ratably on January 1, 2017 and January 1, 2018, (iii) 32,101 POIs granted under the 2015 Long-Term Incentive Plan that vest on January 1, 2018, subject to certain performance conditions and (iv) 4,620 newly granted POIs as described in footnote 4 above.
Issuer
Education Realty Trust, Inc.
CIK 0001302343
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001302343
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 6:52 PM ET
- Size
- 24.8 KB