4//SEC Filing
Gerber Stephan 4
Accession 0001437749-19-003156
CIK 0001594686other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:02 PM ET
Size
8.7 KB
Accession
0001437749-19-003156
Insider Transaction Report
Form 4
Gerber Stephan
SVP, Head of Property Mgmt.
Transactions
- Award
Restricted Stock Units
2019-02-20+15,695→ 15,695 total→ Common Stock, par value $0.0001 per share (15,695 underlying) - Award
Performance Stock Units
2019-02-20+15,695→ 15,695 total→ Common Stock, par value $0.0001 per share (15,695 underlying)
Footnotes (4)
- [F1]Each of the RSUs represents a contingent right to receive one share of Common Stock.
- [F2]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 award agreement and subject to certain provisions of such agreement relating to a change in control of the Issuer.
- [F3]Each of the performance stock units ("PSUs") represents a contingent right to receive one share of Common Stock.
- [F4]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 award 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.
Documents
Issuer
WASHINGTON PRIME GROUP INC.
CIK 0001594686
Entity typeother
Related Parties
1- filerCIK 0001767926
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 4:02 PM ET
- Size
- 8.7 KB