4//SEC Filing
Soffer Jacquelyn R 4
Accession 0001437749-20-026221
CIK 0001594686other
Filed
Dec 30, 7:00 PM ET
Accepted
Dec 31, 4:12 PM ET
Size
30.7 KB
Accession
0001437749-20-026221
Insider Transaction Report
Form 4
Soffer Jacquelyn R
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001 per share
2020-12-29+1,967→ 17,840 total - Exercise/Conversion
Restricted Stock Units
2020-12-29−709→ 0 total→ Common Stock, par value $0.0001 per share (709 underlying) - Exercise/Conversion
Restricted Stock Units
2020-12-29−934→ 0 total→ Common Stock, par value $0.0001 per share (934 underlying) - Exercise/Conversion
Restricted Stock Units
2020-12-29−1,967→ 0 total→ Common Stock, par value $0.0001 per share (1,967 underlying) - Exercise/Conversion
Common Stock, par value $0.0001 per share
2020-12-29+934→ 12,755 total - Exercise/Conversion
Common Stock, par value $0.0001 per share
2020-12-29+1,340→ 14,095 total - Exercise/Conversion
Common Stock, par value $0.0001 per share
2020-12-29+709→ 11,821 total - Exercise/Conversion
Common Stock, par value $0.0001 per share
2020-12-29+1,778→ 15,873 total - Exercise/Conversion
Common Stock, par value $0.0001 per share
2020-12-29+2,924→ 20,764 total - Exercise/Conversion
Restricted Stock Units
2020-12-29−1,340→ 0 total→ Common Stock, par value $0.0001 per share (1,340 underlying) - Exercise/Conversion
Restricted Stock Units
2020-12-29−1,778→ 0 total→ Common Stock, par value $0.0001 per share (1,778 underlying) - Exercise/Conversion
Restricted Stock Units
2020-12-29−2,924→ 0 total→ Common Stock, par value $0.0001 per share (2,924 underlying) - Disposition to Issuer
Restricted Stock Units
2020-12-29−19,324→ 0 total→ Common Stock, par value $0.0001 per share (0 underlying)
Footnotes (10)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Washington Prime Group Inc. ("WPG") common stock.
- [F10]WPG common stock acquired upon conversion of vested RSUs held by the Reporting Person to common stock on a one-for-one basis in connection with her resignation and cessation of membership on the WPG Board of Directors.
- [F2]Listed RSUs were awarded on August 4, 2014, vested on August 4, 2015 and, in connection with the Reporting Person's resignation and cessation of membership on the WPG Board of Directors pursuant to the terms of the Restricted Stock Unit Award Agreement for this particular grant, will now convert on a one-for-one basis to WPG common stock. The original grant was 6,380 RSUs, but was adjusted to 709 RSUs following WPG's one (1) for nine (9) reverse stock split (the "Split") that became effective on December 22, 2020. The Split impacted WPG's common shares and securities convertible or exercisable into WPG common shares.
- [F3]Listed RSUs were awarded on May 21, 2015, vested on May 21, 2016 and, in connection with the Reporting Person's resignation and cessation of membership on the WPG Board of Directors pursuant to the terms of the Restricted Stock Unit Award Agreement for this particular grant, will now convert on a one-for-one basis to WPG common stock. The original grant was for 8,403 RSUs, but was adjusted to 934 RSUs following the Split. The Split impacted WPG's common shares and securities convertible or exercisable into WPG common shares.
- [F4]Listed RSUs were awarded on May 17, 2016, vested on May 17, 2017 and, in connection with the Reporting Person's resignation and cessation of membership on the WPG Board of Directors pursuant to the terms of the Restricted Stock Unit Award Agreement for this particular grant, will now convert on a one-for-one basis to WPG common stock. The original grant was for 12,060 RSUs, but was adjusted to 1,340 RSUs following the Split. The Split impacted WPG's common shares and securities convertible or exercisable into WPG common shares.
- [F5]Listed RSUs were awarded on May 18, 2017, vested on May 18, 2018 and, in connection with the Reporting Person's resignation and cessation of membership on the WPG Board of Directors pursuant to the terms of the Restricted Stock Unit Award Agreement for this particular grant, will now convert on a one-for-one basis to WPG common stock. The original grant was for 16,000 RSUs, but was adjusted to 1,778 RSUs following the Split. The Split impacted WPG's common shares and securities convertible or exercisable into WPG common shares.
- [F6]Listed RSUs were awarded on May 17, 2018, vested on May 17, 2019 and, in connection with the Reporting Person's resignation and cessation of membership on the WPG Board of Directors pursuant to the terms of the Restricted Stock Unit Award Agreement for this particular grant, will now convert on a one-for-one basis to WPG common stock. The original grant was for 17,700 RSUs, but was adjusted to 1,967 RSUs following the Split. The Split impacted WPG's common shares and securities convertible or exercisable into WPG common shares.
- [F7]Listed RSUs were awarded on May 16, 2019, vested on May 16, 2020 and, in connection with the Reporting Person's resignation and cessation of membership on the WPG Board of Directors pursuant to the terms of the Restricted Stock Unit Award Agreement for this particular grant, will now convert on a one-for-one basis to WPG common stock. The original grant was for 26,316 RSUs, but was adjusted to 2,924 RSUs following the Split. The Split impacted WPG's common shares and securities convertible or exercisable into WPG common shares.
- [F8]These RSUs were to vest on May 18, 2021, subject to the Reporting Person's continued membership on the WPG Board of Directors through that date.
- [F9]On December 29, 2020, the Reporting Person forfeited her grant of these RSUs and such RSUs were cancelled in connection with her resignation from the WPG Board of Directors. The original grant was for 173,913 RSUs, but was adjusted to 19,324 RSUs following the Split. The Split impacted WPG's common shares and securities convertible or exercisable into WPG common shares.
Documents
Issuer
WASHINGTON PRIME GROUP INC.
CIK 0001594686
Entity typeother
Related Parties
1- filerCIK 0001606741
Filing Metadata
- Form type
- 4
- Filed
- Dec 30, 7:00 PM ET
- Accepted
- Dec 31, 4:12 PM ET
- Size
- 30.7 KB