LUCAS DALLAS E 4
4 · TIER REIT INC · Filed Feb 12, 2018
Insider Transaction Report
Form 4
TIER REIT INCTIER
LUCAS DALLAS E
CFO and Treasurer
Transactions
- Award
Restricted Stock Units
2018-02-08+9,571→ 9,571 total→ Common Stock - Award
Common Stock
2018-02-08+19,142→ 101,678 total
Footnotes (3)
- [F1]Consists of restricted stock granted under the TIER REIT, Inc. 2015 Equity Incentive Plan that vests in equal installments on December 30, 2018, 2019 and 2020.
- [F2]Includes 39,091 shares of restricted stock awarded under the Company's 2005 Incentive Award Plan and 2015 Equity Incentive Plan, as applicable, subject to vesting.
- [F3]Represents a target number of restricted stock units granted under the Company's long-term incentive program. Such restricted stock units are subject to vesting based on the Company's annualized total stockholder return on an absolute basis during the performance measurement period beginning on January 1, 2018 and continuing through December 31, 2020. After the performance measurement period, the Company will issue a number of shares of common stock under the Company's 2015 Equity Incentive Plan based on the number of restricted stock units that vested.