| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PGRE | Partnership Units | Other | $186K | +19K | $9.78 | 19K | Apr 29, 2022 | Common Stock | 19K | By ParkProperty Capital, LP | F1, F2 | ||
| holding | PGRE | Partnership Units | 56.9K | Apr 29, 2022 | Common Stock | 56.9K | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | Represents common units of limited partnership interest ("OP Units") in Paramount Group Operating Partnership LP (the "Operating Partnership"). Each OP Unit is redeemable for cash equal to the fair market value of one share of common stock of Paramount Group, Inc. (the "Issuer"), except that the Issuer may, at its election, acquire each OP Unit so presented for one share of common stock of the Issuer. These redemption rights have no expiration date. |
| F2 | On April 29, 2022, ParkProperty Capital, LP (formerly CNBB-RDF Holdings, LP), a limited partnership in which the reporting person has direct and indirect ownership interests ("PPC"), acquired 56,679 OP Units in the Operating Partnership in private transactions from certain individuals, which transactions valued such units at $9.78 per unit, in satisfaction of amounts due under promissory notes previously entered into by such individuals in favor of PPC. |
| F3 | Includes 17,250 OP Units previously acquired by the reporting person upon the automatic conversion of LTIP Units in the Operating Partnership that had been previously granted to the reporting person by the Operating Partnership. Excludes 48,175 LTIP Units in the Operating Partnership currently owned by the reporting person. |