Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SITC | Common Shares | Award | $0 | +36.6K | +43.98% | $0.00 | 120K | Oct 14, 2024 | Direct | F1, F2, F3 |
Id | Content |
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F1 | On October 1, 2024, the Issuer completed a spin-off of Curbline Properties Corp. ("Curbline"). The reporting person earned the Issuer restricted share units ("RSUs") reported in this Form 4 in connection with equitable adjustment of performance-based RSUs held by the reporting person in connection with the spin-off. |
F2 | This total reflects an exempt anti-dilution adjustment to the reporting person's other outstanding RSUs in connection with the spin-off. |
F3 | Equitable adjustment of the RSUs is described in the Employee Matters Agreement, dated as of October 1, 2024, by and among the Issuer, Curbline and Curbline Properties LP, which is filed by the Issuer with the Securities and Exchange Commission. |