SEC Form 4 · accession 0001437749-18-014586
WASHINGTON PRIME GROUP INC. · WPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory E Zimmerman
Officer — Exec VP, Development
Period of report
Aug 3, 2018
Accepted (ET)
Aug 6, 2018 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001594686
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per shareF1,F2 | Aug 3, 2018 | M | 9,414 | — | A | 40,599 | I | . |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Aug 3, 2018 | M | 9,414 | A | — | — | Common Stock, par value $0.0001 per share | 9,414 | 9,414 | D |
Explanation of responses
- F1Issuer's common stock (the "Common Stock") acquired upon vesting of one-fourth of restricted stock units ("RSUs") awarded to the Reporting Person on August 3, 2015 (the "Grant Date"). The vesting event occurs each year on the anniversary of the Grant Date.
- F2Common Stock is held in a revocable trust in for which the Reporting Person and his spouse are the sole co-trustees and the Reporting Person's spouse is the 100% beneficiary of the trust.
- F3Each of the RSUs represents a contingent right to receive one share of Common Stock.
- F4Listed RSUs were awarded on the Grant Date and represent a one-fourth portion of the total award (37,656 RSUs) that vested on the annual anniversary of the Grant Date and converted on a one-for-one basis to Common Stock.
Remarks
The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person. Executed pursuant to Power of Attorney filed on November 13, 2017 as Exhibit 24 to a Form 3.