Key facts
- This page summarizes Steven P. Grimes's Form 4 filing for RETAIL PROPERTIES OF AMERICA, INC..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 22 Oct 2021, 17:31.
Steven P. Grimes - 22 Oct 2021 Form 4 Insider Report for RETAIL PROPERTIES OF AMERICA, INC.
- Reporting relationship
- CEO, Director, Director
- Issuer ticker
- N/A
- Reported as of
- 22 Oct 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 22 Oct 2021, 17:31:18 UTC
- Next SEC filing
- 09 Nov 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Ann M. Hult, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Steven P. Grimes filed Form 4 for RETAIL PROPERTIES OF AMERICA, INC. on 22 Oct 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RPAI
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -968,399
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 22 Oct 2021
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Steven P. Grimes is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of July 18, 2021, by and among Retail Properties of America, Inc. (the "Company"), Kite Realty Group Trust ("Kite"), and KRG Oak, LLC, a wholly owned subsidiary of Kite ("Merger Sub"), pursuant to which the Company merged with and into Merger Sub (the "Merger") on October 22, 2021. Pursuant to the Merger Agreement, each issued and outstanding share of Class A common stock, $0.001 par value per share, of the Company ("Company Common Stock"), held by the reporting person was automatically converted into the right to receive 0.623 common shares of beneficial interest, $0.01 par value per share, of Kite ("Kite Common Shares"), subject to any adjustment, without interest, plus the right, if any, to receive cash in lieu of any fractional Kite Common Shares into which such shares of Company Common Stock would have been converted.
Footnote F2
(Continued from Footnote 1) On October 21, 2021, the closing price of Company Common Stock was $13.18 per share and the closing price of Kite Common Shares was $21.10 per share.