SEC Form 4 · accession 0001104659-16-087749
TIER REIT INC · TIER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Schelin Telisa Webb
Officer — Chief Legal Ofcr., EVP & Sec.
Period of report
Dec 30, 2015
Accepted (ET)
Jan 4, 2016 · 4:30 pm EST
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 | Dec 30, 2015 | A | 17,753 | $0.00 | A | 48,173 | D | |
| Common StockF2 | Dec 30, 2015 | A | 17,754 | $0.00 | A | 65,927 | D | |
| Common StockF3,F4,F5 | Dec 30, 2015 | F | 6,474 | $15.31 | D | 59,453 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of restricted stock granted under the TIER REIT, Inc. 2015 Equity Incentive Plan that vests in equal installments on December 30, 2015, December 30, 2016 and December 30, 2017.
- F2Consists of shares of common stock of TIER REIT, Inc. granted under the TIER REIT, Inc. 2015 Equity Incentive Plan.
- F3Shares withheld upon the award of shares of common stock of TIER REIT, Inc. and the vesting of restricted stock to pay the reporting person's minimum tax withholding obligation as permitted under the 2015 Equity Incentive Plan.
- F4Includes 36,751 shares of restricted stock awarded under the TIER REIT, Inc. 2005 Incentive Award Plan and TIER REIT, Inc. 2015 Equity Incentive Plan, as applicable, subject to vesting.
- F5The number of shares of common stock beneficially owned by the reporting person has been updated to reflect the effect of a 1-for-6 reverse stock split of the issuer's common stock, which occurred on June 2, 2015.