Brooks G. Gordon - 07 Feb 2023 Form 4 Insider Report for W. P. Carey Inc. (WPC)

Role
Managing Director
Signature
/s/ Carol Welch, Attorney-in-Fact
Issuer symbol
WPC
Transactions as of
07 Feb 2023
Net transactions value
$0
Form type
4
Filing time
09 Feb 2023, 17:02:51 UTC
Previous filing
26 Jan 2023
Next filing
17 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WPC Common Stock Award $0 +11,029 +10% $0.000000 116,567 07 Feb 2023 Direct F1, F2
transaction WPC Common Stock Tax liability $0 -4,502 -3.9% $0.000000 112,065 07 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting of performance share units granted in January 2020 with a three-year performance cycle.
F2 Due to an administrative error, the total shares reported in the Reporting Person's January 26, 2023, Form 4 was incorrectly reported as 107,733.848 shares, with 4,392.5880 shares previously acquired under a dividend reinvestment program. The correct number should have been 105,537.554 shares, with 2,196.294 shares previously acquired under a dividend reinvestment program. The total shares reported reflects this correction and reduction of 2,196.294 shares.
F3 Represents the payment of tax liability by withholding shares in connection with the vesting and settlement of performance stock units originally granted on January 16, 2020.