SEC Form 4 · accession 0001144204-15-071571

Gramercy Property Trust Inc. · GPT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Allan Baum

Director

Period of report

Dec 15, 2015

Accepted (ET)

Dec 17, 2015 · 6:46 pm EST

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
Stock Options (Right to Buy)	$23.51	Dec 15, 2015	A	24,000	A	Dec 17, 2015	Dec 14, 2020	Common Stock	24,000	24,000	D
Stock Options (Right to Buy)^F1	$23.51	Dec 17, 2015	D	24,000	D	—	Dec 14, 2020	Common Stock	24,000	0	D
Stock Options (Right to Buy)^F2	$85.80	Dec 17, 2015	D	1,350	D	—	Jan 3, 2016	Common Stock	1,350	0	D
Stock Options (Right to Buy)^F3	$113.60	Dec 17, 2015	D	1,350	D	—	Jan 3, 2017	Common Stock	1,350	0	D
Stock Options (Right to Buy)^F4	$92.40	Dec 17, 2015	D	1,250	D	—	Jan 3, 2018	Common Stock	1,250	0	D
Stock Options (Right to Buy)^F5	$5.00	Dec 17, 2015	D	1,250	D	—	Jan 2, 2019	Common Stock	1,250	0	D
Stock Options (Right to Buy)^F6	$10.92	Dec 17, 2015	D	1,250	D	—	Jan 2, 2020	Common Stock	1,250	0	D
Stock Options (Right to Buy)^F7	$11.16	Dec 17, 2015	D	1,250	D	—	Jan 2, 2021	Common Stock	1,250	0	D
Stock Options (Right to Buy)^F8	$10.00	Dec 17, 2015	D	1,250	D	—	Jan 2, 2022	Common Stock	1,250	0	D
Stock Options (Right to Buy)^F9	$12.20	Dec 17, 2015	D	1,250	D	—	Jan 2, 2023	Common Stock	1,250	0	D
Stock Options (Right to Buy)^F10	$23.16	Dec 17, 2015	D	1,250	D	—	Jan 2, 2024	Common Stock	1,250	0	D
Stock Options (Right to Buy)^F11	$24.59	Dec 17, 2015	D	1,250	D	—	Jul 29, 2025	Common Stock	1,250	0	D

Explanation of responses

F1This option, which was fully vested at the time of the merger, was assumed by Chambers Street Properties ("Chambers") in connection with the merger agreement between Gramercy Property Trust Inc. ("Gramercy") and Chambers and replaced with an option to purchase 76,555 common shares of beneficial interest of Chambers for $7.37 per share.
F10This option, which was fully vested at the time of the merger, was assumed by Chambers in the merger and replaced with an option to purchase 3,987 common shares of beneficial interest of Chambers for $7.26 per share.
F11This option, which was fully vested at the time of the merger, was assumed by Chambers in the merger and replaced with an option to purchase 3,987 common shares of beneficial interest of Chambers for $7.71 per share.
F2This option, which was fully vested at the time of the merger, was assumed by Chambers in the merger and replaced with an option to purchase 4,306 common shares of beneficial interest of Chambers for $26.90 per share. This grant and all others prior to March 2015 have been adjusted to reflect the 1 for 4 reverse stock split that was completed on March 20, 2015.
F3This option, which was fully vested at the time of the merger, was assumed by Chambers in the merger and replaced with an option to purchase 4,306 common shares of beneficial interest of Chambers for $35.61 per share.
F4This option, which was fully vested at the time of the merger, was assumed by Chambers in the merger and replaced with an option to purchase 3,987 common shares of beneficial interest of Chambers for $28.97 per share.
F5This option, which was fully vested at the time of the merger, was assumed by Chambers in the merger and replaced with an option to purchase 3,987 common shares of beneficial interest of Chambers for $1.57 per share.
F6This option, which was fully vested at the time of the merger, was assumed by Chambers in the merger and replaced with an option to purchase 3,987 common shares of beneficial interest of Chambers for $3.42 per share.
F7This option, which was fully vested at the time of the merger, was assumed by Chambers in the merger and replaced with an option to purchase 3,987 common shares of beneficial interest of Chambers for $3.50 per share.
F8This option, which was fully vested at the time of the merger, was assumed by Chambers in the merger and replaced with an option to purchase 3,987 common shares of beneficial interest of Chambers for $3.13 per share.
F9This option, which was fully vested at the time of the merger, was assumed by Chambers in the merger and replaced with an option to purchase 3,987 common shares of beneficial interest of Chambers for $3.82 per share.