SEC Form 4 · accession 0001209191-18-016252
LIBERTY PROPERTY TRUST · LRY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Beth Morrissey
Officer — SVP & Chief Accounting Officer
Period of report
Feb 27, 2018
Accepted (ET)
Mar 5, 2018 · 2:32 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 | Feb 27, 2018 | F | 384 | $39.25 | D | 71,951 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represent shares withheld in payment of taxes upon the vesting of restricted shares granted to the reporting person on February 27, 2017. The reporting person previously filed Form 4s indicating incorrectly that restricted shares granted to the reporting person on February 27, 2017 (3,403 shares) and February 28, 2018 (3,422 shares) would vest on the third anniversary of the respective date of grant, subject to continued employment. In fact, each of these grants vests in three equal installments on the first three anniversaries of the respective date of grant, subject to continued employment.