4//SEC Filing
HELFAND DAVID 4
Accession 0000803649-24-000020
CIK 0000803649other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:19 PM ET
Size
14.8 KB
Accession
0000803649-24-000020
Insider Transaction Report
Form 4
HELFAND DAVID
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
2024-02-06+57,773→ 1,114,088 total - Award
Common Shares of Beneficial Interest
2024-02-06+58,114→ 1,172,202 total - Award
Restricted Share Units
2024-02-06+58,114→ 58,114 total→ Common Shares of Beneficial Interest (58,114 underlying) - Tax Payment
Common Shares of Beneficial Interest
2024-02-06$18.88/sh−63,609$1,200,938→ 1,108,593 total - Exercise/Conversion
Restricted Share Units
2024-02-06−57,773→ 0 total→ Common Shares of Beneficial Interest (57,773 underlying)
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 restricted share unit 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 7, 2023, the Reporting Person received 115,547 RSUs as a result of certain performance criteria being met with respect to previously granted RSUs, vesting in two equal installments on February 7, 2023 and in February of 2024, 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 2025, 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, 4:19 PM ET
- Size
- 14.8 KB