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SITE Centers Corp. — Director's Dealing 2021
Feb 24, 2021
32903_dirs_2021-02-24_95c89a62-4cd4-4e7e-a6b1-b11e9d527d40.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SITE Centers Corp. (SITC)
CIK: 0000894315
Period of Report: 2021-02-22
Reporting Person: Lukes David R (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-22 | Common Shares | F | 7977 | $12.87 | Disposed | 742543.6853 | Direct |
| 2021-02-22 | Common Shares | A | 81822 | $0.00 | Acquired | 824365.6853 | Direct |
| 2021-02-22 | Common Shares | A | 132549 | $0.00 | Acquired | 956914.6853 | Direct |
Footnotes
F1: Includes 917.6853 restricted stock units ("RSUs") acquired in an exempt transaction since the Reporting Person's last report as a result of the accrual and reinvestment of dividends on a previously reported equity award.
F2: Annual grant of RSU's made in accordance with the terms of Mr. Lukes' Employment Agreement dated as of September 11, 2020 (the "Employment Agreement"). These RSUs vest ratably on the first, second and third anniversaries of the grant date, subject generally to Mr. Lukes' continued employment with the Issuer.
F3: In accordance with the terms of the Employment Agreement, Mr. Lukes elected to receive his 2020 annual incentive compensation payout entirely in the form of RSUs. These RSUs vest ratably on the first, second and third anniversaries of the grant date, subject generally to Mr. Lukes' continued employment with the Issuer.