SEC Form 4 · accession 0001500217-17-000155
American Assets Trust, Inc. · AAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ernest S Rady
Officer — Chairman, CEO & President · Director · 10% Owner
Period of report
Dec 15, 2017
Accepted (ET)
Dec 15, 2017 · 4:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001500217
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01F2 | Dec 15, 2017 | A | 57,471 | $0.00 | A | 175,919 | D | |
| Common Stock, par value $0.01F3 | holding | — | — | — | 4,865,718 | I | By ERT | |
| Common Stock, par value $0.01F4 | holding | — | — | — | 1,360,010 | I | By AAI | |
| Common Stock, par value $0.01F5 | holding | — | — | — | 597,341 | I | By RFF | |
| Common Stock, par value $0.01F6 | holding | — | — | — | 624,572 | I | By ICW | |
| Common Stock, par value $0.01F7 | holding | — | — | — | 200,000 | I | By EIC | |
| Common Stock, par value $0.01F8 | holding | — | — | — | 27,000 | I | By ESRT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of restricted common stock issued pursuant to the American Assets Trust, Inc. and American Assets Trust, L.P. 2011 Equity Incentive Award Plan.
- F2Amount includes (a) 52,500 shares held by Ernest Rady IRA and (b) 123,419 shares of restricted common stock issued pursuant to the American Assets Trust, Inc. and American Assets Trust, L.P. 2011 Equity Incentive Award Plan.
- F3Represents shares held by Ernest Rady Trust U/D/T March 10, 1983 ("ERT"), for which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F4Represents shares held by American Assets, Inc. ("AAI"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. Please note that the Form 4 filed on December 14, 2017 for Mr. Rady contained a scrivener's error. Such Form 4 should have reflected the purchase of 11,005 shares of common stock of American Assets Trust, Inc. by American Assets, Inc., rather than 11,055 shares. The total reflected in column 5 has been adjusted accordingly.
- F5Represents shares held by Rady Family Foundation dated August 2, 2002 ("RFF"), for which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F6Represents shares held by Insurance Company of the West ("ICW"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F7Represents shares held by Explorer Insurance Company ("EIC"), which is directly controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F8Represents shares held by Evelyn Shirley Rady Trust U/D/T March 10, 1983 ("ESRT"), for which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.