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City Office REIT, Inc. — Director's Dealing 2022
Oct 24, 2022
33388_dirs_2022-10-24_c5c9826d-36ba-4c44-8478-e9c728ca976a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: City Office REIT, Inc. (CIO)
CIK: 0001593222
Period of Report: 2022-10-21
Reporting Person: Flatt William R (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-21 | Restricted Stock Units | $ | A | 210 | Acquired | Common Stock (210) | Direct |
Footnotes
F1: 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.
F2: The units represent Restricted Stock Units issuable to the Reporting Person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the Reporting Person which vest in three substantially equal installments on each of the first three annual anniversaries of the initial Grant Date, generally subject to the Participant's continued service through each applicable vesting date. The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.
F3: Vested shares will be delivered to the reporting person promptly upon vesting of the related restricted stock units.