4//SEC Filing
Education Realty Trust, Inc. 4
Accession 0001302343-17-000010
CIK 0001302343operating
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 4:49 PM ET
Size
6.5 KB
Accession
0001302343-17-000010
Insider Transaction Report
Form 4
Mackie Lindsey
Senior VP and CAO
Transactions
- Award
Profit-Only Interest
2017-01-01+355→ 2,263 total→ Common Stock (355 underlying)
Footnotes (3)
- [F1]Represents a grant pursuant to the Education Realty Trust, Inc. ("EdR") 2017 Long-Term Incentive Plan which will vest ratably over three years beginning on January 1, 2018. The reporting person has elected to receive her award in the form of profit-only interests ("POIs") in Education Realty Operating Partnership, LP (the "Operating Partnership"), a subsidiary of EdR.
- [F2]Upon the occurrence of certain capital account equalization events, the POIs will become ordinary units of the Operating Partnership and may be redeemed for cash or, at EdR's option, shares of EdR's common stock on a one-for-one basis.
- [F3]Represents (i) 110 POIs granted under the EdR 2016 Long-Term Incentive Plans that have vested, (ii) an aggregate of 575 POIs granted under the EdR 2016 and 2017 Long-Term Incentive Plans, including the newly granted POIs described in footnote 1 above, that vest ratably over the corresponding three year periods and (iii) an aggregate of 1,578 performance based POIs granted under the EdR 2016 Long-Term Incentive Plans that vest on January 1, 2019, subject to certain performance conditions.
Documents
Issuer
Education Realty Trust, Inc.
CIK 0001302343
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001302343
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 4:49 PM ET
- Size
- 6.5 KB