| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SAFE | Common Stock, par value $0.01 per share | Award | +2,546 | +5.7% | 47,013 | 01 Dec 2021 | See footnotes | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | During the third quarter of 2018, the issuer adopted an equity incentive plan providing for grants of interests ("CARET Units") in a subsidiary of the issuer, and the reporting person was granted 3,750 CARET Units until this plan. Effective December 1, 2021, the reporting person exchanged 3,750 CARET Units held by him for 2,546 shares of the issuer's common stock in a transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3 thereunder. |
| F2 | The shares are held of record by SFTY. SFTY's sole member is Lubert-Adler Real Estate Fund VII-B, L.P. ("L-A RE Fund VII-B"). L-A RE Fund VII-B's general partner is Lubert-Adler Group VII-B, LLC ("L-A Group VII-B LLC"). L-A Group VII-B LLC's sole member is Lubert-Adler Group VII-B Holdings, L.P. ("L-A Holdings VII-B LP"). L-A Holdings VII-B LP's general partner is Lubert-Adler Group VII-B Holdings, LLC ("L-A Holdings VII-B LLC"). Mr. Adler is one of two members of L-A Holdings VII-B LLC. As a result, Mr. Adler may be deemed to share beneficial ownership of the reported shares. |
| F3 | Mr. Adler expressly disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein. |