SEC Form 4 · accession 0001209191-15-031181
VEREIT, Inc. · VER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward G Rendell
Other
Period of report
Apr 1, 2015
Accepted (ET)
Apr 2, 2015 · 1:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507385
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Apr 1, 2015 | A | 2,817 | $9.765 | A | 58,718 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects 2,817 shares issued in respect of the annual equity retainer due to the Reporting Person for the pro rata portion of 2015 that the Reporting Person served as an independent director, from January 1 through March 31.
- F2Reflects the closing sale price as reported on the NASDAQ Global Select Market on April 1, 2015.
- F3Includes 34,400 restricted shares issued pursuant to the Issuer's Equity Plan that were previously unvested and were accelerated by the Issuer's Board of Directors in connection with the Reporting Person's resignation, effective as of such resignation.
Remarks
The Reporting Person stepped down from his position as an independent director of the Issuer effective April 1, 2015. As a result, this Form 4 serves as his exit filing.