4//SEC Filing
WP Glimcher Inc. 4
Accession 0001437749-16-026366
CIK 0001594686operating
Filed
Feb 28, 7:00 PM ET
Accepted
Feb 29, 4:38 PM ET
Size
17.1 KB
Accession
0001437749-16-026366
Insider Transaction Report
Form 4
GLIMCHER MICHAEL P
DirectorVice Chairman & CEO
Transactions
- Award
LTIP Units
2016-02-25+94,527→ 94,527 total→ Common Stock, par value $0.0001 per share (94,527 underlying)
Footnotes (2)
- [F1]Represents long-term incentive performance ("LTIP") units of Washington Prime Group, L.P (the "Operating Partnership"), of which WP Glimcher Inc. (the "Company") is the general partner, issued as long-term incentive compensation pursuant to the Operating Partnership's 2014 Stock Incentive Plan (the "Incentive Plan") in compliance with Rule 16b-3. Upon vesting, each LTIP unit may be converted into a unit of limited partnership interest of the Operating Partnership ("Partnership Unit"). Each Partnership Unit may be exchanged for a share of the Company's common stock, or cash, as selected by the Company.
- [F2]The LTIP units were granted under the Incentive Plan. Subject to certain exceptions, 33% of such LTIP units will become vested on January 1, 2017 and each January 1st thereafter until the last tranche vests on January 1, 2019.
Documents
Issuer
WP Glimcher Inc.
CIK 0001594686
Entity typeoperating
Related Parties
1- filerCIK 0001594686
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Feb 29, 4:38 PM ET
- Size
- 17.1 KB