SEC Form 4 · accession 0001144204-15-072076
Gramercy Property Trust · GPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory F Hughes
Director
Period of report
Dec 17, 2015
Accepted (ET)
Dec 21, 2015 · 9:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001297587
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)F1 | $3.82 | Dec 17, 2015 | A | 3,987 | A | Dec 17, 2015 | Jan 2, 2023 | Common Shares | 3,987 | 3,987 | D |
| Stock Options (Right to Buy)F2 | $7.26 | Dec 17, 2015 | A | 3,987 | A | Dec 17, 2015 | Jan 2, 2024 | Common Shares | 3,987 | 3,987 | D |
| Stock Options (Right to Buy)F3 | $7.71 | Dec 17, 2015 | A | 3,987 | A | Dec 17, 2015 | Jul 29, 2025 | Common Shares | 3,987 | 3,987 | D |
Explanation of responses
- F1Received in connection with the merger (the "merger") of Gramercy Property Trust Inc. ("Old Gramercy") with and into a subsidiary of Gramercy Property Trust (formerly known as Chambers Street Properties), in exchange for an option to purchase 1,250 shares of Old Gramercy common stock for $12.20 per share.
- F2Received in the merger in exchange for a stock option to purchase 1,250 shares of Old Gramercy common stock for $23.16 per share.
- F3Received in the merger in exchange for a stock option to purchase 1,250 shares of Old Gramercy common stock for $24.59 per share.