SEC Form 4 · accession 0001209191-17-031160
City Office REIT, Inc. · CIO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen B Shraiberg
Director
Period of report
May 9, 2017
Accepted (ET)
May 10, 2017 · 12:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001593222
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 9, 2017 | P | 2,000 | $12.2358 | A | 60,607 | D | |
| Common StockF1 | holding | — | — | — | 2,000 | I | Family Partnership | |
| Common StockF1 | holding | — | — | — | 2,000 | I | Family Member | |
| Common StockF1 | holding | — | — | — | 2,000 | I | Spouse | |
| Common StockF1 | holding | — | — | — | 33,124 | I | Through Po-Jay LLLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3,F4 | — | May 9, 2017 | A | 2,000 | A | — | — | Common Stock | 2,000 | 5,310 | D |
Explanation of responses
- F1The Reporting Person disclaims beneficial ownership of these securities as this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for the purposes of Section 16 or any other purpose.
- F2In accordance with the Company's Equity Incentive Plan (the "Equity Incentive Plan"), Restricted Stock Units (as defined in the Equity Incentive Plan) convert into common stock on a one-for-one basis.
- F3In accordance with the Equity Incentive Plan, the Restricted Stock Units (and related dividend equivalent rights) shall vest in three substantially equal installments on each of the first three annual anniversaries of their initial grant date, generally subject to the grantee's continued service through each applicable vesting date.
- F4Vested shares will be delivered to the reporting person promptly upon vesting of the related restricted stock units.