Whitestone REIT — Director's Dealing 2020

Jan 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Whitestone REIT (WSR)
CIK: 0001175535
Period of Report: 2019-12-31

Reporting Person: Mastandrea Christine J (EVP CORPORATE STRATEGY)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-31	Common Shares	A	37186	—	Acquired	242534	Direct
2019-12-31	Common Shares	F	12141	$13.62	Disposed	230393	Direct
2019-12-31	Common Shares	A	161682	—	Acquired	1188932	Indirect

Footnotes

F1: Represents the issuance of Common Shares upon vesting of performance-based restricted units granted pursuant to the Company's 2008 Long-Term Incentive Equity Ownership Plan.

F2: Represents common shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of certain restricted units previously granted pursuant to the Company's 2008 Long-Term Equity Incentive Ownership Plan.

F3: Per Share value assigned by the Company to the tax withholding shares based on the closing sales price of the common shares on December 31, 2019.

F4: The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.