Indest Melissa A. 4
4 · WASHINGTON PRIME GROUP INC. · Filed Feb 22, 2019
Insider Transaction Report
Form 4
Indest Melissa A.
CAO and SVP, Finance
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2019-02-21+3,801→ 52,353 total - Exercise/Conversion
Common Stock, par value $0.0001 per share
2019-02-21+7,110→ 59,463 total - Exercise/Conversion
Restricted Stock Units
2019-02-20−6,196→ 12,391 total→ Common Stock, par value $0.0001 per share (6,196 underlying) - Exercise/Conversion
Restricted Stock Units
2019-02-21−7,110→ 7,111 total→ Common Stock, par value $0.0001 per share (7,110 underlying) - Award
Restricted Stock Units
2019-02-20+26,775→ 26,775 total→ Common Stock, par value $0.0001 per share (26,775 underlying) - Exercise/Conversion
Common Stock, par value $0.0001 per share
2019-02-20+6,196→ 48,552 total - Exercise/Conversion
Restricted Stock Units
2019-02-21−3,801→ 3,800 total→ Common Stock, par value $0.0001 per share (3,801 underlying) - Award
Performance Stock Units
2019-02-20+26,775→ 26,775 total→ Common Stock, par value $0.0001 per share (26,775 underlying)
Footnotes (8)
- [F1]Issuer's common stock (the "Common Stock") acquired upon vesting of restricted stock units ("RSUs") awarded to the Reporting Person on February 20, 2018 (the "Grant Date").
- [F2]Common Stock acquired upon vesting of restricted stock units ("RSUs") awarded to the Reporting Person on February 21, 2017 (the "Second Grant Date").
- [F3]Each of the RSUs represents a contingent right to receive one share of Common Stock.
- [F4]Listed RSUs were awarded on the Grant Date and represent a portion of the total award that vests on the annual anniversary of the Grant Date and is converted on a one-for-one basis to Common Stock.
- [F5]Listed RSUs were awarded on the Second Grant Date and represent a portion of the total award that vests on the annual anniversary of the Second Grant Date and is converted on a one-for-one basis to Common Stock.
- [F6]The awarded RSUs shall vest and become non-forfeitable in one-third installments on each of the first, second and third anniversaries of February 20, 2019, 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.
- [F7]Each of the performance stock units ("PSUs") represents a contingent right to receive one share of Common Stock.
- [F8]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 February 20, 2019 to February 20, 2022 ("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, 2023.