SEC Form 4 · accession 0001209191-19-014598
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 26, 2019
Accepted (ET)
Feb 28, 2019 · 5:13 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,F3 | Feb 26, 2019 | A | 124,795 | $0.00 | A | 464,466 | D | |
| Common Shares of Beneficial Interest ($0.001 par value) | holding | — | — | — | 12 | I | Owned by Wife | |
| Common Shares of Beneficial Interest ($0.001 par value) | holding | — | — | — | 37,998 | I | By Family Trusts | |
| Common Shares of Beneficial Interest ($0.001 par value)F3 | holding | — | — | — | 24,000 | I | By Grantor Retained Annuity Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes (i) 15,199 restricted common shares granted on February 26, 2019 that will vest on the third anniversary of the date of grant, subject to continued employment and (ii) 109,596 common shares consisting of common shares issuable pursuant to restricted share units granted in 2016, as compensation, the performance conditions relating to which have been satisfied, and shares that accrued under the Company's Dividend Reinvestment Plan with respect to such restricted share units.
- F2Received as employment compensation.
- F3Reflects the distribution by the grantor retained annuity trust to the reporting person of 21,000 shares on November 30, 2018.