SEC Form 4 · accession 0001437749-15-000626
GLIMCHER REALTY TRUST · GRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard Gross
Director
Period of report
Jan 9, 2015
Accepted (ET)
Jan 13, 2015 · 4:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912898
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial Interest | Jan 9, 2015 | M | 1,200 | $1.40 | A | 27,827 | D | |
| Common Shares of Beneficial Interest | Jan 9, 2015 | S | 121 | $13.96 | D | 27,706 | D | |
| Common Shares of Beneficial Interest | Jan 9, 2015 | M | 1,200 | $4.51 | A | 28,906 | D | |
| Common Shares of Beneficial Interest | Jan 9, 2015 | S | 388 | $13.96 | D | 28,518 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $1.40 | Jan 9, 2015 | M | 1,200 | D | Mar 12, 2012 | Mar 11, 2019 | Common Shares of Beneficial Interest | 1,200 | 0 | D |
| Stock Option (Right to Buy)F3 | $4.51 | Jan 9, 2015 | M | 1,200 | D | Mar 5, 2013 | Mar 14, 2020 | Common Shares of Beneficial Interest | 1,200 | 0 | D |
Explanation of responses
- F1Represents the aggregate amount of shares withheld to pay the exercise price and tax liability of the Reporting Person in connection with the exercise of options.
- F2These options became exercisable in three equal annual installments commencing on March 12, 2010.
- F3These options became exercisable in three equal annual installments commencing on March 5, 2011.