SEC Form 4 · accession 0001581405-18-000034
PHILLIPS EDISON GROCERY CENTER REIT II, INC.
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark McDade
Director
Period of report
Nov 2, 2018
Accepted (ET)
Nov 6, 2018 · 1:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001581405
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 2, 2018 | D | 6,465 | $22.542 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 2, 2018, the Reporting Person resigned from the Board of Directors in connection with the pending merger with Phillips Edison & Company, Inc. ("PECO") and not because of any disagreement with the Issuer. In connection with his resignation, the Issuer redeemed all of his vested and unvested shares of common stock for cash in an amount equal to the number of shares of PECO common stock he would have received in the merger (2.04 PECO shares per share of common stock) multiplied by $11.05 (the most recent estimated value per share of PECO common stock), which equals $22.542 per share of common stock.