Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | N/A | Class I Common Shares | Award | +46.4K | +77.27% | 106K | Mar 15, 2023 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | N/A | Class I Partnership Units | Award | $0 | +13.4K | $0.00 | 13.4K | Mar 15, 2023 | Operating Partnership Units or Class I Common Shares | 13.4K | Direct | F2, F3, F4 |
Id | Content |
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F1 | The reported securities were issued in connection with the vesting of previously granted Class I Partnership Units of Starwood REIT Operating Partnership, L.P. (the "Operating Partnership"), for which the Issuer (the "REIT") serves as the general partner. |
F2 | Upon vesting, Class I Partnership Units settle in Operating Partnership Units, Common Shares or Cash, at the discretion of the Starwood REIT Special Limited Partner, LLC. |
F3 | The reported Class I Partnership Units will vest, subject to the Reporting Person's continued employment. |
F4 | Operating Partnership Units are redeemable for an equal number of shares of REIT Common Stock or cash equal to the fair market value of such shares. Operating Partnership Units have no expiration date. |