Hirsch Howard S. 4
4 · Griffin Capital Essential Asset REIT, Inc. · Filed Jan 17, 2020
Insider Transaction Report
Form 4
Hirsch Howard S.
Chief Legal Officer
Transactions
- Award
Common Stock
2020-01-15+69,519→ 137,384.86 total
Footnotes (2)
- [F1]On January 15, 2020, the Issuer awarded the Reporting Person 69,519 time-based Restricted Stock Units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's Class E Common Stock, and will vest in equal, 25% installments on each of December 31, 2020, 2021, 2022 and 2023, provided that the Reporting Person remains continuously employed by the Issuer on each such date, subject to certain accelerated vesting provisions as provided in the award agreement for the RSUs.
- [F2]Includes shares of Class E Common Stock of the Issuer issued to the Reporting Person as a distribution pursuant to (i) the Issuer's distribution reinvestment plan and (ii) the Issuer's monthly stock distribution to all of its stockholders, neither of which is required to be reported on a Form 4.