4//SEC Filing
HELFAND DAVID 4
Accession 0000803649-23-000028
CIK 0000803649other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:53 PM ET
Size
14.7 KB
Accession
0000803649-23-000028
Insider Transaction Report
Form 4
HELFAND DAVID
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
2023-02-07+29,508→ 988,514 total - Tax Payment
Common Shares of Beneficial Interest
2023-02-07$25.30/sh−50,305$1,272,717→ 995,983 total - Exercise/Conversion
Restricted Share Units
2023-02-07−29,508→ 0 total→ Common Shares of Beneficial Interest (29,508 underlying) - Award
Restricted Share Units
2023-02-07+57,773→ 57,773 total→ Common Shares of Beneficial Interest (57,773 underlying) - Award
Common Shares of Beneficial Interest
2023-02-07+57,774→ 1,046,288 total
Holdings
- 290(indirect: See footnote)
Common Shares of Beneficial Interest
Footnotes (6)
- [F1]Each Common Share of Beneficial Interest of Equity Commonwealth ("Common Share") was received in exchange for one Restricted Share Unit ("RSU"), subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable RSU agreement for the Reporting Person. Reflects Common Shares that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs and a portion of such RSUs vesting on the Transaction Date.
- [F2]Reflects Common Shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted Common Shares and RSUs.
- [F3]These shares are held by EGI-CW Holdings, L.L.C. ("EGI-CW"). The Reporting Person is a member of EGI-Fund (14-16) Investors, L.L.C. ("EGI-Fund (14-16)"), which is a member of EGI-CW. The shares reported represent only the number of shares in which the Reporting Person has a pecuniary interest in accordance with his proportionate interest in EGI-Fund (14-16).
- [F4]Each RSU represents the right to receive one Common Share, subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable RSU agreement for the Reporting Person.
- [F5]On February 9, 2022, the Reporting Person received 59,017 RSUs as a result of certain performance criteria being met with respect to previously granted RSUs, vesting in two equal installments on February 9, 2022 and in February of 2023, subject to the Reporting Person's continued employment with Equity Commonwealth through such date.
- [F6]Reflects RSUs that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs. These RSUs will vest in February of 2024, subject to the Reporting Person's continued employment with Equity Commonwealth through such date.
Documents
Issuer
Equity Commonwealth
CIK 0000803649
Entity typeother
Related Parties
1- filerCIK 0001201466
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:53 PM ET
- Size
- 14.7 KB