SEC Form 4 · accession 0001209191-18-015841
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 28, 2018
Accepted (ET)
Mar 2, 2018 · 5:20 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 | Jan 8, 2015 | G | 1,000 | $0.00 | D | 373,362 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Aug 1, 2016 | G | 1,000 | $0.00 | D | 372,362 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Dec 19, 2016 | G | 1,000 | $0.00 | D | 371,362 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Jun 15, 2017 | G | 1,000 | $0.00 | D | 370,362 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Jul 5, 2017 | G | 190 | $0.00 | D | 370,172 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Dec 22, 2017 | G | 35,000 | $0.00 | D | 335,172 | D | |
| Common Shares of Beneficial Interest ($0.001 par value)F2,F3 | Feb 28, 2018 | A | 52,716 | $0.00 | A | 387,888 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | Feb 22, 2018 | W | 10 | $0.00 | A | 10 | I | Owned by wife; received from estate of relative |
| Common Shares of Beneficial Interest ($0.001 par value)F4 | holding | — | — | — | 45,000 | I | By Grantor Retained Annuity Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects increases relating to (i) the distribution to the reporting person by a grantor retained annuity trust of 19,725 shares on November 7, 2017 and (ii) purchases by the reporting person pursuant to the Company's Employee Stock Purchase Plan and Dividend Reinvestment Plan of an aggregate of 1,327 shares in June 2017.
- F2Includes (i) 17,531 restricted common shares granted on February 28, 2018 that will vest on the third anniversary of the date of grant, subject to continued employment, (ii) 30,568 common shares issuable pursuant to restricted share units granted in 2015, as compensation, the performance conditions relating to which have been satisfied, and (iii) 4,617 shares that accrued under the Company's Dividend Reinvestment Plan with respect to those restricted share units the performance conditions relating to which have been satisfied.
- F3Received as employment compensation.
- F4Reflects the distribution by the grantor retained annuity trust to the reporting person of 19,725 shares on November 7, 2017.