SEC Form 4 · accession 0001456016-17-000035
Griffin Capital Essential Asset REIT, Inc.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ranjit M Kripalani
Director
Period of report
Jun 14, 2017
Accepted (ET)
Jun 15, 2017 · 5:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001456016
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 14, 2017 | A | 7,000 | $0.00 | A | 12,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Issuer's Employee and Director Long-Term Incentive Plan and Director Compensation Plan, each of the Issuer's independent directors was awarded 7,000 shares of restricted stock upon their reelection as a director. The award vests 50% on the grant date and 50% one year from the date of grant, subject to the independent director's continued service as a director of the Issuer during such vesting period.