4//SEC Filing
TANZ STUART A 4
Accession 0001407623-24-000034
CIK 0001407623other
Filed
Jan 15, 7:00 PM ET
Accepted
Jan 16, 5:12 PM ET
Size
10.9 KB
Accession
0001407623-24-000034
Insider Transaction Report
Form 4
TANZ STUART A
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock, par value $0.0001 per share
2024-01-15$14.03/sh−77,240$1,083,677→ 1,899,625 total(indirect: See footnote) - Award
Common Stock, par value $0.0001 per share
2024-01-15+173,504→ 1,976,865 total(indirect: See footnote)
Holdings
- 113,727(indirect: See footnote)
OP Units
→ Common Stock, par value $0.0001 per share (113,727 underlying) - 143,833(indirect: See footnote)
Common Stock, par value $0.0001 per share
Footnotes (6)
- [F1]On February 23, 2021, the reporting person was granted, subject to vesting, 231,338 restricted shares of common stock, par value $0.0001 per share ("common stock"), of Retail Opportunity Investments Corp., a Maryland corporation (the "Company") that were issued pursuant to the Company's Amended and Restated 2009 Equity Incentive Plan and such amount reflects the maximum earnable award under such grant. Vesting of the shares was based on the Company's achievement of certain performance criteria during the performance period from January 1, 2021 to December 31, 2023 (the "performance period"). Certain of such performance criteria were met during the performance period resulting in vesting of 173,504 shares on January 15, 2024.
- [F2]These shares of common stock, or units of limited partner interest ("OP Units") of Retail Opportunity Investments Partnership, LP, a Delaware limited partnership (the "Partnership") and the operating partnership of the Company, as the case may be, are held by the Stuart A. Tanz Separate Property Trust U/A dated 6/16/2006 of which the reporting person's spouse is a Trustee.
- [F3]Consists of shares of common stock of the Company, withheld by the Company in order to satisfy the tax withholding obligation of the reporting person in connection with shares of restricted common stock that vested.
- [F4]These shares are held by two grantor retained annuity trusts of which the reporting person is the sole annuitant and trustee.
- [F5]The reporting person has the right to cause the Partnership to redeem some or all of the reporting person's OP Units for cash in an amount equal to the market value (as defined in Partnership's Second Amended and Restated Agreement of Limited Partnership, as amended) of an equivalent number of shares of common stock or at the Company's option, shares of common stock on a one-for-one basis, subject to certain adjustments.
- [F6]N/A
Documents
Issuer
RETAIL OPPORTUNITY INVESTMENTS CORP
CIK 0001407623
Entity typeother
Related Parties
1- filerCIK 0001203845
Filing Metadata
- Form type
- 4
- Filed
- Jan 15, 7:00 PM ET
- Accepted
- Jan 16, 5:12 PM ET
- Size
- 10.9 KB