SEC Form 4 · accession 0001176373-19-000010
TIER REIT INC · TIER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dallas E Lucas
Officer — President
Period of report
Dec 30, 2018
Accepted (ET)
Jan 2, 2019 · 7:38 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,F2 | Dec 30, 2018 | F | 6,619 | $20.61 | D | 95,059 | D | |
| Common StockF3,F2 | Dec 31, 2018 | M | 17,024 | $0.00 | A | 112,083 | D | |
| Common StockF3,F2 | Dec 31, 2018 | A | 40,111 | $0.00 | A | 152,194 | D | |
| Common StockF4,F2 | Dec 31, 2018 | F | 22,482 | $20.63 | D | 129,712 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $0.00 | Dec 31, 2018 | M | 8,512 | D | Dec 31, 2018 | Dec 31, 2018 | Common Stock | 8,512 | 0 | D |
Explanation of responses
- F1Shares withheld upon the vesting of restricted stock to pay the reporting person's tax withholding obligations as permitted under the Company's 2015 Equity Incentive Plan.
- F2Includes 22,270 shares of restricted stock awarded under the Company's 2005 Incentive Award Plan and 2015 Equity Incentive Plan, as applicable, subject to vesting.
- F3Represents restricted stock units under the Company's long-term incentive program that were earned based on the achievement of certain performance criteria for the performance measurement period beginning on January 1, 2016 and continuing through December 31, 2018.
- F4Shares withheld upon the vesting of restricted stock units to pay the reporting person's tax withholding obligations as permitted under the Company's 2015 Equity Incentive Plan.