4//SEC Filing
Ohlberg Heather 4
Accession 0000842183-23-000076
CIK 0000842183other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 8:45 PM ET
Size
14.7 KB
Accession
0000842183-23-000076
Insider Transaction Report
Form 4
RPT RealtyNYSE: RPT
Ohlberg Heather
EVP General Counsel
Transactions
- Exercise/Conversion
Common Shares of Beneficial Interest
2023-12-12+15,000→ 75,203 total - Award
Common Shares of Beneficial Interest
2023-12-12+38,278→ 113,481 total - Award
Common Shares of Beneficial Interest
2023-12-12+27,712→ 141,193 total - Award
Common Shares of Beneficial Interest
2023-12-12+48,340→ 189,533 total - Tax Payment
Common Shares of Beneficial Interest
2023-12-12$12.23/sh−87,188$1,066,309→ 102,345 total - Exercise/Conversion
Performance Restricted Share Units
2023-12-12−7,500→ 0 total→ Common Shares of Beneficial Interest (15,000 underlying)
Footnotes (4)
- [F1]Represents restricted share units granted to the reporting person in October 2020 that were subject to vesting based on the appreciation of RPT's common share price during the period from October 27, 2020 through December 31, 2024. In connection with the Agreement and Plan of Merger, dated as of August 28, 2023 (the "Merger Agreement"), by and among RPT Realty ("RPT"), RPT Realty, L.P., a Delaware limited partnership, Kimco Realty Corporation, a Maryland corporation ("Kimco"), Kimco Realty OP, LLC, a Delaware limited liability company ("Kimco OP"), Tarpon Acquisition Sub, LLC, a Delaware limited liability company and direct wholly owned subsidiary of Kimco, and Tarpon OP Acquisition Sub, LLC, a Delaware limited liability company and direct wholly owned subsidiary of Kimco OP, the Compensation and Human Capital Committee of the Board of Trustees of RPT (the "Compensation Committee") accelerated the vesting of such restricted share units, effective as of December 12, 2023.
- [F2]Represents restricted share units granted to the reporting person in February 2021 that were subject to performance-based vesting hurdles for the period from January 1, 2021 through December 31, 2023. In connection with the Merger Agreement, the Compensation Committee accelerated the vesting of such restricted shares units, effective as of December 12, 2023.
- [F3]Represents restricted share units granted to the reporting person in March 2022 that were subject to performance-based vesting hurdles for the period from January 1, 2022 through December 31, 2024. In connection with the Merger Agreement, the Compensation Committee accelerated the vesting of such restricted shares units, effective as of December 12, 2023.
- [F4]Represents restricted share units granted to the reporting person in March 2023 that were subject to performance-based vesting hurdles for the period from January 1, 2023 through December 31, 2025. In connection with the Merger Agreement, the Compensation Committee accelerated the vesting of such restricted shares units, effective as of December 12, 2023.
Documents
Issuer
RPT Realty
CIK 0000842183
Entity typeother
Related Parties
1- filerCIK 0001812427
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 8:45 PM ET
- Size
- 14.7 KB