0000803649-24-000019.txt : 20240208 0000803649-24-000019.hdr.sgml : 20240208 20240208161815 ACCESSION NUMBER: 0000803649-24-000019 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240206 FILED AS OF DATE: 20240208 DATE AS OF CHANGE: 20240208 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Shifrin Orrin S CENTRAL INDEX KEY: 0001608764 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09317 FILM NUMBER: 24609327 MAIL ADDRESS: STREET 1: CWH MANAGEMENT LLC STREET 2: 2 N RIVERSIDE PLAZA, SUITE 600 CITY: CHICAGO STATE: IL ZIP: 60606 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Equity Commonwealth CENTRAL INDEX KEY: 0000803649 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 046558834 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TWO NORTH RIVERSIDE PLAZA STREET 2: SUITE 2000 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312.646.2800 MAIL ADDRESS: STREET 1: TWO NORTH RIVERSIDE PLAZA STREET 2: SUITE 2000 CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: CommonWealth REIT DATE OF NAME CHANGE: 20100702 FORMER COMPANY: FORMER CONFORMED NAME: HRPT PROPERTIES TRUST DATE OF NAME CHANGE: 19980701 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH & RETIREMENT PROPERTIES TRUST DATE OF NAME CHANGE: 19940811 4 1 wk-form4_1707427075.xml FORM 4 X0508 4 2024-02-06 0 0000803649 Equity Commonwealth EQC 0001608764 Shifrin Orrin S C/O EQUITY COMMONWEALTH TWO NORTH RIVERSIDE PLAZA, SUITE 2000 CHICAGO IL 60606 0 1 0 0 EVP, Gen. Counsel & Secretary 0 Common Shares of Beneficial Interest 2024-02-06 4 M 0 18676 A 195323 I See footnote Common Shares of Beneficial Interest 2024-02-06 4 A 0 18787 A 214110 I See footnote Common Shares of Beneficial Interest 2024-02-06 4 F 0 21567 18.88 D 192543 I See footnote Restricted Share Units 2024-02-06 4 M 0 18676 D Common Shares of Beneficial Interest 18676 0 I See footnote Restricted Share Units 2024-02-06 4 A 0 18786 A Common Shares of Beneficial Interest 18786 18786 I See footnote Each Common Share of Beneficial Interest of Equity Commonwealth ("Common Share") was received in exchange for one Restricted Share Unit ("RSU"), subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable restricted share unit agreement for the Reporting Person. Reflects Common Shares that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs and a portion of such RSUs vesting on the Transaction Date. These shares/units, as applicable, are held by the Orrin S. Shifrin Revocable Trust, of which the Reporting Person is the trustee and a beneficiary. Reflects Common Shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted Common Shares and RSUs. Each RSU represents the right to receive one Common Share, subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable RSU agreement for the Reporting Person. On February 7, 2023, the Reporting Person received 37,352 RSUs as a result of certain performance criteria being met with respect to previously granted RSUs, vesting in two equal installments on February 7, 2023 and in February of 2024, subject to the Reporting Person's continued employment with Equity Commonwealth through such date. Reflects RSUs that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs. These RSUs will vest in February of 2025, subject to the Reporting Person's continued employment with Equity Commonwealth through such date. /s/ Orrin S. Shifrin 2024-02-08