SEC Form 4 · accession 0001181431-15-008870

Excel Trust, Inc. · EXL

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

Reporting owner

Officer — CFO and Treasurer

Period of report

Jul 31, 2015

Accepted (ET)

Jul 31, 2015 · 6:33 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001478950

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Jul 31, 2015	D	125,910	$15.85	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Operating Partnership Units^F4,F2,F3	—	Jul 31, 2015	D	56,564	D	Apr 28, 2011	—	Common Stock	56,564	0	D

F1In connection with the merger of Excel Trust, Inc. with and into BRE Retail Centers Corp, an affiliate of The Blackstone Group L.P., and the Agreement and Plan of Merger, dated as of April 9, 2015, among Excel Trust, Inc., Excel Trust, L.P. and affiliates of The Blackstone Group L.P., each holder of shares of common stock of Excel Trust, Inc. received $15.85 in cash in exchange for each such share.
F2Common Operating Partnership Units in Excel Trust, L.P., a Delaware limited partnership, of which the Issuer is the general partner. The Common Operating Partnership Units are redeemable for cash based upon the fair market value of an equivalent number of shares of the Issuer's Common Stock, or, at the election of the Issuer, shares of the Issuer's Common Stock on a one-for-one basis.
F3The Common Operating Partnership Units have no expiration date.
F4In connection with the merger of BRE Retail Centers LP, an affiliate of The Blackstone Group L.P., with and into Excel Trust, L.P., and the Agreement and Plan of Merger, dated as of April 9, 2015, among Excel Trust, Inc., Excel Trust, L.P. and affiliates of The Blackstone Group L.P., the Reporting Person's units were converted into 5.50% Series C Cumulative Preferred Units of the surviving partnership in the merger, on a one-for-one basis.