| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GTY | Common Stock | Options Exercise | +5K | +10.85% | 51.1K | Mar 1, 2024 | Direct | F1, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GTY | Restricted Stock Unit | Award | +7K | +11.02% | 70.5K | Mar 1, 2024 | Common Stock | 7K | Direct | F1, F2, F3, F5 | |||
| transaction | GTY | Restricted Stock Unit | Options Exercise | -5K | -7.09% | 65.5K | Mar 1, 2024 | Common Stock | 5K | Direct | F1, F2, F4, F5 |
| Id | Content |
|---|---|
| F1 | Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below. |
| F2 | RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, upon the earlier of the 10th anniversary of the grant date (or 10th anniversary of the first vesting date for RSUs granted in 2016-2018), or termination of service. |
| F3 | The RSUs were received by the Reporting Person for no consideration. |
| F4 | The transaction represents settlement of fully-vested RSUs in shares of common stock pursuant to the terms of a 2014 Restricted Stock Unit Agreement. |
| F5 | The reported "Number of Derivative Securities Beneficially Owned Following Reported Transactions" has been updated to correct an error caused by a prior miscalculation of the net change in acquired and disposed derivative securities, despite accurate reporting of the "Number of Derivative Securities Acquired or Disposed of" transactions themselves. |