VEREIT, Inc. 4
4 · VEREIT, Inc. · Filed Feb 24, 2017
Insider Transaction Report
Form 4
VEREIT, Inc.VER
Miller William Craig Jr.
See Remarks
Transactions
- Tax Payment
Common Stock
2017-02-23$8.93/sh−4,574$40,846→ 213,601 total - Award
Common Stock
2017-02-22$8.90/sh+39,326$350,001→ 178,849 total - Award
Common Stock
2017-02-22$8.90/sh+39,326$350,001→ 218,175 total
Footnotes (5)
- [F1]Reflects restricted stock units awarded February 22, 2017 to the Reporting Person pursuant to the Issuer's Equity Plan. Such restricted stock units vest ratably on each of the first, second and third anniversaries of February 23, 2017.
- [F2]Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on February 22, 2017.
- [F3]Reflects performance-based restricted stock units awarded February 22, 2017 to the Reporting Person pursuant to the Issuer's Equity Plan. Such restricted stock units will vest subject to the achievement of certain performance conditions, which are based on the Issuer's total stockholder return relative to its peers and NAREIT equity market index. The performance period began January 1, 2017 and ends December 31, 2019.
- [F4]Reflects the product of the applicable withholding rate and the 11,738 shares of common stock that vested pursuant to the terms of the Reporting Person's restricted stock unit award agreement.
- [F5]Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on February 23, 2017.