4/A//SEC Filing
Ajdaharian Paul S 4/A
Accession 0001437749-18-003783
CIK 0001594686other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:01 PM ET
Size
9.2 KB
Accession
0001437749-18-003783
Insider Transaction Report
Form 4/AAmended
Ajdaharian Paul S
Exec VP, Head of Open Air Ctrs
Transactions
- Award
Restricted Stock Units
2018-02-20+33,157→ 33,157 total→ Common Stock, par value $0.0001 per share (33,157 underlying) - Award
Performance Stock Units
2018-02-20+33,157→ 33,157 total→ Common Stock, par value $0.0001 per share (33,157 underlying)
Footnotes (5)
- [F1]Each of the restricted stock units ("RSUs") represents a contingent right to receive one share of Issuer's common stock (the "Common Stock").
- [F2]This amendment is being filed to update the number of Derivative Securities acquired by the Reporting Person.
- [F3]The awarded RSUs shall vest and become nonforfeitable in one-third installments on each of the first, second and third anniversaries of the grant date of February 20, 2018 ("2018 Grant Date"), provided that the Reporting Person is in continued compliance with certain covenants in the Reporting Person's employment agreement and subject to certain provisions of such agreement relating to a change in control of the Issuer.
- [F4]Each of the performance stock units ("PSUs") represents a contingent right to receive one share of Common Stock.
- [F5]Unvested PSUs shall be earned based upon the satisfaction of certain relative total shareholder return criteria ("TSR Criteria") with the number of earned PSUs ranging from 0% to 150% of the allocated amount awarded based on the achievement of the Company in the TSR Criteria over a three-year performance period from the 2018 Grant Date to February 20, 2021 ("Vesting Date"), provided that the Reporting Person is in continued compliance with certain covenants in the Reporting Person's employment agreement and subject to certain provisions of such agreement relating to a change in control of the Issuer. Settlement of the PSUs shall occur as soon as practicable after the Vesting Date, but no later than March 15, 2022.
Documents
Issuer
WASHINGTON PRIME GROUP INC.
CIK 0001594686
Entity typeother
Related Parties
1- filerCIK 0001722344
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 4:01 PM ET
- Size
- 9.2 KB