SEC Form 4 · accession 0001144204-17-000174
Trinity Place Holdings Inc. · TPHS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Messinger
Officer — President and CEO · Director
Period of report
Dec 29, 2016
Accepted (ET)
Jan 3, 2017 · 4:10 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 | — | Dec 29, 2016 | A | 30,000 | A | — | — | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") converts into one share of common stock of Trinity Place Holdings Inc. (the "Issuer").
- F210,000 of the RSUs shall be vested on each of December 31, 2017, 2018 and 2019, subject to the reporting person's continued employment on the applicable vesting dates, and one share of Common Stock shall be distributed to the reporting person with respect to each vested RSU during the thirty (30) day period following December 31, 2019 or, if earlier, the reporting person's termination of employment for any reason.