SEC Form 4 · accession 0001144204-15-051269
Gramercy Property Trust Inc. · GPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Laven
Director
Period of report
Jul 29, 2015
Accepted (ET)
Aug 21, 2015 · 1:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001287701
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F1,F3 | — | Jul 29, 2015 | A | 375 | A | — | — | Common Stock | 375 | 45,922 | D |
| Stock Options (Right to Buy)F4 | $24.59 | Jul 29, 2015 | A | 1,250 | A | — | Jul 29, 2025 | Common Stock | 1,250 | 1,250 | D |
Explanation of responses
- F11 for 1.
- F2375 restricted units that will vest annually in three equal installments commencing January 2, 2016.
- F3The phantom stock units become payable in common stock (or in certain cases in cash) upon (unless the reporting person elects otherwise in accordance with the documents governing the applicable program) the earlier of (i) the January 1 coincident with or next following the earlier of (A) the reporting person's ceasing to be a director, and (B) the reporting person's death, and (ii) a change of control of the Company (as determined under such governing documents).
- F4This option grant vests immediately.