4//SEC Filing
Lieb Richard J 4
Accession 0001507385-21-000243
CIK 0001507385other
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 6:21 PM ET
Size
7.1 KB
Accession
0001507385-21-000243
Insider Transaction Report
Form 4
VEREIT, Inc.VER
Lieb Richard J
Director
Transactions
- Disposition to Issuer
Common Stock
2021-11-01−10,266→ 0 total - Disposition to Issuer
Common Stock
2021-11-01−6,812→ 10,266 total
Footnotes (2)
- [F1]Represents shares of VEREIT, Inc. ("VEREIT") common stock disposed in connection with the Agreement and Plan of Merger by and among Realty Income Corporation ("Realty Income"), Rams MD Subsidiary I, Inc., Rams Acquisition Sub II, LLC, VEREIT and VEREIT Operating Partnership, L.P., dated as of April 29, 2021 (as amended or supplemented from time to time, the "Merger Agreement"). In accordance with the Merger Agreement, upon the Effective Time (as defined in the Merger Agreement), each share of VEREIT common stock was converted into the right to receive 0.705 shares of common stock of Realty Income (the "Exchange Ratio").
- [F2]As of the Effective Time, deferred stock units awarded to the Reporting Person were converted into a number of newly issued shares of Realty Income common stock equal to the product obtained by multiplying the number of shares of VEREIT common stock subject to such deferred stock unit award as of immediately prior to the Effective Time by the Exchange Ratio.
Documents
Issuer
VEREIT, Inc.
CIK 0001507385
Entity typeother
Related Parties
1- filerCIK 0001430075
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 6:21 PM ET
- Size
- 7.1 KB