SEC Form 4 · accession 0001507385-16-000106
VEREIT, Inc. · VER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul H McDowell
Officer — See Remarks
Period of report
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 8:50 pm EST
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 | Feb 23, 2016 | A | 56,018 | $7.81 | A | 126,759 | D | |
| Common StockF3,F2 | Feb 23, 2016 | A | 56,018 | $7.81 | A | 182,777 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects restricted stock units awarded February 23, 2016 to the Reporting Person pursuant to the Issuer's Equity Plan. Such restricted stock units vest in three equal installments on each of the first, second and third anniversaries of February 23, 2016.
- F2Reflects the closing sale price as reported on the New York Stock Exchange on February 23, 2016.
- F3Reflects performance-based restricted stock units awarded February 23, 2016 to the Reporting Person pursuant to the Issuer's Equity Plan. Such restricted stock units will vest subject to the achievement of certain performance conditions, which are based on the Company's total stockholder return relative to its peers and NAREIT equity market indices. The performance period began January 1, 2016 and ends December 31, 2018.
Remarks
Executive Vice President, Chief Operating Officer Exhibit 24.0 - Power of Attorney