SEC Form 4 · accession 0001225208-15-017125
CBRE GROUP, INC. · CBRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Groch
Officer — Chief Financial Officer
Period of report
Aug 13, 2015
Accepted (ET)
Aug 17, 2015 · 9:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001138118
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Aug 13, 2015 | A | 52,603 | $0.00 | A | 554,161 | D | |
| Class A Common Stock | Aug 14, 2015 | M | 30,470 | $13.29 | A | 584,631 | D | |
| Class A Common Stock | Aug 14, 2015 | F | 6,620 | $38.23 | D | 578,011 | D | |
| Class A Common StockF2 | Aug 14, 2015 | S | 30,470 | $38.1541 | D | 547,541 | D | |
| Class A Common Stock | holding | — | — | — | 40,000 | I | By J. Groch Family 2012 Trust | |
| Class A Common Stock | holding | — | — | — | 40,000 | I | By S. Groch Family 2012 Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $13.29 | Aug 14, 2015 | M | 30,470 | D | — | Sep 1, 2015 | Class A Common Stock | 30,470 | 0 | D |
Explanation of responses
- F1The Issuer granted these restricted stock units to the Reporting Person on August 13, 2015 as part of the Reporting Person's 2015 annual management equity award. These restricted stock units will vest at a rate of 25% per year on each of August 14, 2016, 2017, 2018 and 2019, subject to forfeiture or acceleration in certain circumstances as set forth in the award agreement.
- F2This transaction was executed in multiple trades at prices ranging from $37.84 to $38.31. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range.
- F3This option vested and became exercisable at a rate of 25% per year over four years commencing on September 5, 2008 and became fully exercisable on September 5, 2012.