New York REIT, Inc. 4
4 · New York REIT, Inc. · Filed Dec 28, 2016
Insider Transaction Report
Form 4
Radesca Nicholas
Chief Financial Officer
Transactions
- Conversion
LTIP Units
2016-12-26−24,170→ 0 total→ Common Stock (24,170 underlying) - Conversion
Common Stock
2016-12-26+24,170→ 76,395 total
Footnotes (1)
- [F1]On December 26, 2016, as part of the arrangements providing for the transition of advisory services from the Issuer's advisor to the Issuer's service provider, the reporting person's issued and outstanding earned and unvested Long Term Incentive Plan Units ("LTIP Units") vested automatically. As a result, on December 26, 2016, the reporting person redeemed 24,170 LTIP Units in exchange for an equal number of shares of common stock. Terms of the LTIP Units were previously reported and described on the reporting person's Form 4 filed on July 13, 2016.