James Farrar - Jan 27, 2023 Form 4 Insider Report for City Office REIT, Inc. (CIO)

Role
Chief Executive Officer, Director
Signature
/s/ James Farrar
Stock symbol
CIO
Transactions as of
Jan 27, 2023
Transactions value $
$0
Form type
4
Date filed
1/31/2023, 01:02 PM
Previous filing
Jan 26, 2023
Next filing
Apr 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIO Common Stock Options Exercise +61.2K +12.09% 568K Jan 27, 2023 Direct F1
transaction CIO Common Stock Tax liability -30.6K -5.39% 537K Jan 27, 2023 Direct F1
holding CIO Common Stock 31.9K Jan 27, 2023 Through family members F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CIO Restricted Stock Units Options Exercise $0 -61.2K -33.47% $0.00 122K Jan 27, 2023 Common Stock 61.2K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In accordance with the Company's Equity Incentive Plan (the "Equity Incentive Plan"), Restricted Stock Units (as defined in the Equity Incentive Plan) convert into common stock on a one-for-one basis.
F2 The Reporting Person disclaims beneficial ownership of these securities as this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for the purposes of Section 16 or any other purpose.
F3 The restricted stock units reported herein have vested and converted to common shares as at January 27, 2023.