SEC Form 4 · accession 0001104659-15-064094
TIER REIT INC · TIER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Reister
Officer — Chief Investment Officer & EVP
Period of report
Sep 3, 2015
Accepted (ET)
Sep 8, 2015 · 5:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001176373
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Sep 3, 2015 | P | 200 | $14.10 | A | 42,991 | D | |
| Common StockF3,F4,F1 | Sep 4, 2015 | P | 6,500 | $13.83 | A | 49,491 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 35,078 shares of restricted stock awarded under the TIER REIT, Inc. 2005 Incentive Award Plan subject to vesting.
- F2On June 2, 2015, the issuer effected a 1-for-6 reverse split of its common stock, resulting in the reporting person's ownership of 213,955.122 fewer shares of common stock.
- F3Represents the weighted average price for purchases of the shares. The shares were purchased at prices ranging from $13.83 per share to $13.85 per share.
- F4The reporting person will provide to the Securities and Exchange Commission staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares purchased at each separate price.
Remarks
Exhibit 24 - Power of Attorney