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