Key facts
- This page summarizes Alexander Otto's Form 4 filing for Paramount Group, Inc. (PGRE).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 02 Aug 2022, 17:11.
Alexander Otto - 31 Jul 2022 Form 4 Insider Report for Paramount Group, Inc. (PGRE)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- PGRE
- Reported as of
- 31 Jul 2022
- Net transaction value
- -$219,871
- SEC form
- 4
- Accepted by SEC
- 02 Aug 2022, 17:11:06 UTC
- Prior SEC filing
- 18 May 2022
- Next SEC filing
- 17 Aug 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Thomas Finne, KG CURA Vermogensverwaltung, G.m.b.H & Co., by power of attorney, By: Thomas Finne, For: Alexander Otto
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Alexander Otto filed Form 4 for Paramount Group, Inc. (PGRE) on 02 Aug 2022.
Change
- Previous filing in this sequence was filed on 18 May 2022.
- Current net transaction value: -$219,871.
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 derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PGRE
transaction
Derivative
Partnership Units
Other
- Transaction value
- $345,533
- Shares
- +44,017
- Change %
- +157%
- Price
- $7.85
- Shares after
- 72,026
- Date
- 31 Jul 2022
- Ownership
- By ParkProperty Capital, LP
- Underlying class
- Common Stock
- Underlying amount
- 44,017
- Exercise price
- Footnotes
- F1, F2
PGRE
transaction
Derivative
Partnership Units
Other
- Transaction value
- $565,404
- Shares
- -72,026
- Change %
- -100%
- Price
- $7.85
- Shares after
- 0
- Date
- 31 Jul 2022
- Ownership
- By ParkProperty Capital, LP
- Underlying class
- Common Stock
- Underlying amount
- 72,026
- Exercise price
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote 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.
Footnote F2
On July 31, 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 89,074 OP Units in the Operating Partnership in private transactions from certain individuals, which transactions valued such units at $7.85 per unit, in satisfaction of amounts due under promissory notes previously entered into by such individuals in favor of PPC.
Footnote F3
On July 31, 2022, following the transactions described in footnote (2), PPC sold 145,753 OP Units in a private transaction.