SEC Form 4 · accession 0001144204-16-076661
Trinity Place Holdings Inc. · TPHS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Guy Pyontek
Officer — Chief Accounting Officer
Period of report
Jan 21, 2016
Accepted (ET)
Jan 22, 2016 · 4:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000724742
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 21, 2016 | A | 12,500 | A | — | — | Common Stock | 12,500 | 12,500 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the right to receive one share of common stock of Trinity Place Holdings Inc.
- F2The RSUs will vest as follows: one-half of the RSUs will vest on each of January 6, 2017 and January 6, 2018, subject to the reporting person's continued employment on the applicable vesting dates. In the event the reporting person's employment is terminated without cause, all of the unvested RSUs will vest immediately.