SEC Form 4 · accession 0001171843-15-003676
Whitestone REIT · WSR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James C Mastandrea
Officer — CHAIRMAN & CEO · Director
Period of report
Jun 30, 2015
Accepted (ET)
Jul 2, 2015 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001175535
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Jun 30, 2015 | F | 12,145 | $13.02 | D | 359,729 | D | |
| Common SharesF3 | Jun 30, 2015 | A | 98,000 | $0.00 | A | 457,729 | D | |
| Common SharesF4 | holding | — | — | — | 46,936 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents common shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of certain restricted common shares previously granted.
- F2Per share value assigned by the Company to the tax withholding shares based on the closing sales price of the common shares on June 30, 2015, pursuant to the Company's 2008 Long-Term Incentive Plan.
- F3Represents restricted common share units granted pursuant to the Company's 2008 Long-Term Incentive Ownership Plan. Such restricted common share units are subject to risk of forfeiture and vest as follows: (i) 1/7th on June 30, 2015, 1/7th on September 30, 2015, 1/7th on December 31, 2015, 1/7th on March 31, 2016, 1/7th on June 30, 2016, 1/7th on September 30, 2016, and 1/7th on December 31, 2016.
- F4The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.