0001104659-18-061185.txt : 20181009
0001104659-18-061185.hdr.sgml : 20181009
20181009195407
ACCESSION NUMBER: 0001104659-18-061185
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181004
FILED AS OF DATE: 20181009
DATE AS OF CHANGE: 20181009
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Salvatore Louis P
CENTRAL INDEX KEY: 0001294561
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35933
FILM NUMBER: 181114706
MAIL ADDRESS:
STREET 1: 7 SYLVAN WAY
CITY: PARSIPPANY
STATE: NJ
ZIP: 07054
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Gramercy Property Trust
CENTRAL INDEX KEY: 0001297587
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 562466617
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 90 PARK AVENUE
STREET 2: 32ND FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10016
BUSINESS PHONE: 212-297-1000
MAIL ADDRESS:
STREET 1: 90 PARK AVENUE
STREET 2: 32ND FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10016
FORMER COMPANY:
FORMER CONFORMED NAME: CHAMBERS STREET PROPERTIES
DATE OF NAME CHANGE: 20120702
FORMER COMPANY:
FORMER CONFORMED NAME: CB RICHARD ELLIS REALTY TRUST
DATE OF NAME CHANGE: 20040719
4
1
a4.xml
4
X0306
4
2018-10-04
0
0001297587
Gramercy Property Trust
GPT
0001294561
Salvatore Louis P
C/O GRAMERCY PROPERTY TRUST
90 PARK AVENUE, 32ND FLOOR
NEW YORK
NY
10016
1
0
0
0
Restricted Share Units
2018-10-04
4
D
0
10140
27.50
D
Common Shares
10140
0
D
Each restricted share unit represents a contingent right to receive one common share.
Disposed of pursuant to the merger (the "Merger") described in the Agreement and Plan of Merger, dated as of May 6, 2018 (the "Merger Agreement"), by and among Gramercy Property Trust (the "Company"), BRE Glacier Parent L.P., BRE Glacier L.P., BRE Glacier Acquisition L.P. and GPT Operating Partnership LP. The Merger Agreement provides that effective immediately prior to the effective time of the Merger, each award of restricted share units granted under the Company's equity plan would be cancelled and converted into the right to receive an amount in cash equal to (i) the number of Common Shares subject to the restricted share units immediately prior to the effective time of the Merger multiplied by (ii) the per share Merger consideration of $27.50, but the parties to the Merger Agreement agreed that such cancellation and conversion of restricted share units granted to the trustees of the Company would take place on October 4, 2018.
At the time of grant, restricted share units then granted were scheduled to become payable in Common Shares upon the earlier of (i) the first business day that occurred six months following the holder's separation of services as a trustee of the Company and (ii) a change in control of the Company.
/s/ Louis P. Salvatore by Edward J. Matey Jr., his attorney-in-fact
2018-10-09