SEC Form 4 · accession 0001127602-17-031596
VIVMARK RESIDENTIAL · VMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Manelis
Officer — Executive Vice President
Period of report
Nov 6, 2017
Accepted (ET)
Nov 8, 2017 · 4:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000906107
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares Of Beneficial InterestF1 | Nov 6, 2017 | M | 2,457 | $48.13 | A | 8,606 | D | |
| Common Shares Of Beneficial InterestF2,F1 | Nov 6, 2017 | S | 2,457 | $69.3786 | D | 6,149 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F3 | $48.13 | Nov 6, 2017 | M | 2,457 | D | — | Feb 6, 2024 | Common Shares Of Beneficial Interest | 2,457 | 1,075 | D |
Explanation of responses
- F1Direct total includes restricted shares of the Company scheduled to vest in the future.
- F2The price represents the weighted average price of the shares sold. The shares were sold within a range of $69.378 to $69.3850. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Represents share options which vested on February 6, 2017.