SEC Form 4 · accession 0001144204-19-000411
Trinity Place Holdings Inc. · TPHS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Kahn
Officer — Chief Financial Officer
Period of report
Jan 3, 2019
Accepted (ET)
Jan 3, 2019 · 4:28 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 3, 2019 | A | 25,000 | A | — | — | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") converts into one share of common stock of Trinity Place Holdings Inc.
- F2The RSUs will vest as follows: one-half of the RSU's will vest on each of January 1, 2020 and January 1, 2021, subject to the reporting person's continued employment on the applicable vesting dates. In the event the reporting person's employment is terminate without cause, all of the unvested RSU's will vest immediately.