SEC Form 4 · accession 0001209191-16-136915
LIBERTY PROPERTY TRUST · LRY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Lingerfelt
Director
Period of report
Aug 11, 2016
Accepted (ET)
Aug 15, 2016 · 7:36 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000921112
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial Interest ($0.001 par value) | Aug 11, 2016 | M | 5,000 | $33.45 | A | 53,447 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Aug 11, 2016 | M | 5,000 | $21.81 | A | 58,447 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Aug 11, 2016 | M | 2,076 | $30.73 | A | 60,523 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Aug 11, 2016 | S | 12,076 | $40.10 | D | 48,447 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Aug 12, 2016 | M | 2,924 | $30.73 | A | 51,371 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Aug 12, 2016 | M | 5,500 | $32.29 | A | 56,871 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Aug 12, 2016 | S | 8,424 | $40.10 | D | 48,447 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F1 | $33.45 | Aug 11, 2016 | M | 5,000 | D | — | Jun 23, 2018 | Common Shares | 5,000 | 0 | D |
| Employee Stock OptionF2,F1 | $21.81 | Aug 11, 2016 | M | 5,000 | D | — | Jun 23, 2019 | Common Shares | 5,000 | 0 | D |
| Employee Stock OptionF2,F1 | $30.73 | Aug 11, 2016 | M | 2,076 | D | — | Jun 23, 2020 | Common Shares | 2,076 | 2,924 | D |
| Employee Stock OptionF2,F1 | $30.73 | Aug 12, 2016 | M | 2,924 | D | — | Jun 23, 2020 | Common Shares | 2,924 | 0 | D |
| Employee Stock OptionF2,F1 | $32.29 | Aug 12, 2016 | M | 5,500 | D | — | Jun 23, 2021 | Common Shares | 5,500 | 0 | D |
Explanation of responses
- F1Options became exercisable 20% after the first anniversary of the date of the grant, 50% after the second anniversary and fully after the third anniversary.
- F2Awarded as compensation for service on Board of Trustees.