SEC Form 4 · accession 0001507385-19-000017
VEREIT, Inc. · VER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas W Roberts
Officer — See Remarks
Period of report
Jan 17, 2019
Accepted (ET)
Jan 22, 2019 · 4:38 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 | Jan 17, 2019 | D | 47,040 | $0.00 | D | 634,366 | D | |
| Common StockF2,F3 | Jan 17, 2019 | F | 9,410 | $7.74 | D | 624,956 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents performance-based restricted stock units awarded to the Reporting Person on February 23, 2016 pursuant to the Issuer's Equity Plan. On January 17, 2019, the Issuer determined that the vesting criteria related to these performance-based restricted stock units had not been satisfied.
- F2Reflects the product of the applicable withholding rate and the 29,785 performance-based restricted stock units that vested pursuant to the terms of the Reporting Person's performance-based restricted stock unit award agreement.
- F3Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on January 17, 2019.
Remarks
Executive Vice President and Chief Investment Officer