Brooks G. Gordon - Jan 23, 2024 Form 4 Insider Report for W. P. Carey Inc. (WPC)

Role
Managing Director
Signature
/s/ Taylor Upchurch, Attorney-in-fact
Stock symbol
WPC
Transactions as of
Jan 23, 2024
Transactions value $
$0
Form type
4
Date filed
1/25/2024, 04:18 PM
Previous filing
Apr 5, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WPC Common Stock Award $0 +6.46K +5.65% $0.00 121K Jan 23, 2024 Direct F1, F2, F3
transaction WPC Common Stock Award $0 +3.84K +3.18% $0.00 125K Jan 23, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted share units ("RSUs") granted under the Issuer's Long Term Incentive Plan. These RSUs are scheduled to vest in three equal annual installments beginning on February 15, 2025, and ending on February 15, 2027, and are convertible on a one-for-one basis into shares of the Issuer's Common Stock.
F2 Includes 5,557.2516 shares previously acquired under a dividend reinvestment program.
F3 Reflects the adjustment to the number of shares of common stock underlying previously granted RSUs. The adjustment was made to maintain the economic value of the shares of underlying the RSUs following the Issuer's spin-off of Net Lease Office Properties on November 1, 2023 (the "Spin-off"). These previously granted RSUs have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-off.