SEC Form 4 · accession 0001209191-17-015899
LIBERTY PROPERTY TRUST · LRY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William P Hankowsky
Officer — Chairman, President & CEO · Director
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 4:37 pm EST
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)F1,F2 | Feb 27, 2017 | A | 117,093 | — | A | 405,474 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | holding | — | — | — | 64,725 | I | By Grantor Retained Annuity Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes (i) 16,333 restricted shares granted on February 27, 2017 that will vest on the third anniversary of the date of grant, subject to continued employment, (ii) 10,561 and 11,778 common shares issuable pursuant to restricted share units granted in 2014 and 2015, respectively, as compensation, the performance conditions relating to which have been satisfied, (iii) 57,870 restricted common shares issued as compensation on March 16, 2012, the performance conditions relating to which have been satisfied and (iv) 2,923 and 17,628 common shares, respectively that accrued under the Company's Dividend Reinvestment Plan with respect to those restricted share units and restricted common shares as to which the performance conditions have been satisfied.
- F2Received as employment compensation.