SEC Form 4 · accession 0001209191-19-014600
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 1, 2019
Accepted (ET)
Feb 28, 2019 · 5:14 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) | Feb 1, 2019 | S | 6,237 | $46.7478 | D | 60,698 | D | |
| Common Shares of Beneficial Interest ($0.001 par value)F2,F3 | Feb 26, 2019 | A | 4,672 | $0.00 | A | 65,370 | D | |
| Common Shares of Beneficial Interest ($0.001 par value)F4 | Feb 27, 2019 | F | 384 | $47.55 | D | 64,986 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sales effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- F2Includes (i) 2,796 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) 1,876 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.
- F3Received as employment compensation.
- F4Consists of shares withheld in payment of income taxes upon the vesting of shares issued pursuant to awards the vesting conditions relating to which have been satisfied, all of which such shares have been previously reported by the reporting person.