Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially OwnedĢA. _ Form filed by More than One Reporting Person Relationship of Reporting Person(s) to Issuerģ. STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPįiled pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940Įstimated average burden hours per response.ĥ. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Form 4 or Form 5 obligations may continue. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.Check this box if no longer subject to Section 16. Note: File three copies of this Form, one of which must be manually signed. Intentional misstatements or omissions of facts constitute Federal Criminal Violations. * If the form is filed by more than one reporting person, Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. The original Form 4 is amended by this Form 4 amendment to report that the number of AO LTIPs received was 202,702, as determined by dividing the target dollar value by the grant date fair value of $1.48 per AO LTIP Unit. )The original Form 4, filed on February 14, 2020, reported a grant of AO LTIPs based on a target dollar value of $300,000. Under the award agreement, the AO LTIPs have a six-year term from the grant date. The AO LTIPs will vest and become exercisable as of the date that both of the following requirements have been met: (i) the grantee remains in continuous service from the grant date through the third anniversary of the grant date and (ii) at any time during the period between the second year and the fifth year following the grant date, the reported closing price per Common Share appreciates at least 15% over the applicable Participation Threshold per AO LTIP (as set forth in the table above) for a minimum of 20 consecutive trading days.
The resulting LP Units are redeemable by the holder for one Common Share per LP Unit or the cash value of a Common Share, at the Issuer's option. federal income tax purposes, into an equal number of limited partnership units in Kite Realty Group L.P. ) conditioned upon minimum allocations to the capital accounts of the LTIPs for U.S. Vested LTIPs into which AO LTIPs have been converted are further convertible, designated as LTIP Units ("LTIPs"), determined by the quotient of (i) the excess of the value of a common shares of beneficial interest, par value of $.01 per share ("Common Share") of Kite Realty Group Trust as of the date of the conversion over $17.76 (the "Participation Threshold per AO LTIP"), divided by (ii) the value of a Common Share as of the date of conversio AO LTIPs are similar to "net exercise" stock option awards and are convertible, once vested, into a number of vested limited partnership units of Kite Realty Group, L.P. designated as Class AO LTIP Units ("AO LTIPs"), purusant to the Kite Realty Group Trust 2013 Equity Incentive Plan, as amended and restated as of February 28, 2019. )The reporting person received a grant of limited partnership units in Kite Realty Group, L.P. Limited Partnership Units of Kite Realty Group, L.P. Ownership Form of Derivative Security: Direct (D) or Indirect (I)ġ1. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)ġ0. Title and Amount of Underlying Securitiesĩ. Number of Derivative Securities Acquired (A) or Disposed of (D)ħ. Deemed Execution Date, if any (MM/DD/YY)ĥ. Conversion or Exercise Price of Derivative SecurityģA. , puts, calls, warrants, options, convertible securities)Ģ.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned Ownership Form: Direct (D) or Indirect (I)ħ. Amount of Securities Beneficially Owned Following Reported Transaction(s)Ħ. Securities Acquired (A) or Disposed of (D)ĥ. Deemed Execution Date, if any (MM/DD/YY)Ĥ. Check this box if no longer subject to Section 16.
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