| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | STRS | Common Stock | Award | $0 | +4.1K | +7.3% | $0.00 | 60.2K | Feb 15, 2024 | Direct | F1 |
| transaction | STRS | Common Stock | Award | $0 | +3.49K | +5.79% | $0.00 | 63.7K | Feb 15, 2024 | Direct | F2 |
| transaction | STRS | Common Stock | Tax liability | -$23.4K | -1.01K | -1.59% | $23.10 | 62.7K | Feb 17, 2024 | Direct | F3, F4 |
| Id | Content |
|---|---|
| F1 | Represents the grant of stock-settled Common Stock Restricted Stock Units ("RSUs") in payment of participation interests in a development project pursuant to the terms of the Issuer's Profit Participation Incentive Plan. The grant was approved by the Issuer's Compensation Committee on February 15, 2024. The RSUs vest in three equal installments on February 15, 2025 and on each of the next two anniversaries thereof, provided that the recipient satisfies the applicable service conditions. For additional information, see Note 8 to the Issuer's financial statements included in its Form 10-K for the year ended December 31, 2022. |
| F2 | Represents a grant of RSUs in partial payment of the Reporting Person's 2023 annual bonus under the Issuer's Executive Annual Incentive Plan. The RSUs will vest in one installment on February 15, 2025, the first anniversary of the date of grant, provided the recipient satisfies the applicable service conditions. |
| F3 | Shares withheld to cover the taxes due upon the vesting of RSUs. |
| F4 | Amount beneficially owned following the reported transaction includes 17,251 RSUs. |