City Office REIT, Inc. 4
4 · City Office REIT, Inc. · Filed Mar 2, 2017
Insider Transaction Report
Form 4
BELZBERG SAMUEL
Director10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-03-01−85,222→ 0 total→ Common Stock (85,222 underlying) - Exercise/Conversion
Common Stock
2017-03-01+85,222→ 292,713 total
Holdings
- 884,074(indirect: Thru Gibralt US, Inc.)
Common Stock
Footnotes (5)
- [F1]The restricted stock units reported herein were authorized by the Compensation Committee of the Company's Board of Directors for vesting and settlement in common stock upon Mr. Belzberg's resignation from the Company's Board of Directors effective March 1, 2017.
- [F2]In accordance with the Company's Equity Incentive Plan (the "Equity Incentive Plan"), Restricted Stock Units (as defined in the Equity Incentive Plan) convert into common stock on a one-for-one basis.
- [F3]The Reporting Person disclaims beneficial ownership of these securities as this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for the purposes of Section 16 or any other purpose.
- [F4]The restricted stock units reported herein have vested and converted to common shares as at March 1, 2017.
- [F5]Vested shares will be delivered to the reporting person promptly upon vesting of the related restricted stock units.