Key facts
- This page summarizes Jeffrey Douglas Brown's Form 4 filing for Equity Commonwealth.
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 11 Feb 2022, 07:06.
Jeffrey Douglas Brown - 09 Feb 2022 Form 4 Insider Report for Equity Commonwealth
- Reporting relationship
- SVP & Chief Accounting Officer
- Issuer ticker
- N/A
- Reported as of
- 09 Feb 2022
- Net transaction value
- -$28,531
- SEC form
- 4
- Accepted by SEC
- 11 Feb 2022, 07:06:57 UTC
- Prior SEC filing
- 28 Jan 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Orrin S. Shifrin, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jeffrey Douglas Brown filed Form 4 for Equity Commonwealth on 11 Feb 2022.
Change
- Previous filing in this sequence was filed on 28 Jan 2022.
- Current net transaction value: -$28,531.
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.
EQC
transaction
Common Shares of Beneficial Interest
Options Exercise
- Transaction value
- Shares
- +1,612
- Change %
- +12%
- Price
- Shares after
- 15,001
- Date
- 09 Feb 2022
- Ownership
- Direct
- Footnotes
- F1
EQC
transaction
Common Shares of Beneficial Interest
Award
- Transaction value
- Shares
- +726
- Change %
- +4.8%
- Price
- Shares after
- 15,727
- Date
- 09 Feb 2022
- Ownership
- Direct
- Footnotes
- F1
EQC
transaction
Common Shares of Beneficial Interest
Tax liability
- Transaction value
- $28,531
- Shares
- -1,102
- Change %
- -7%
- Price
- $25.89
- Shares after
- 14,625
- Date
- 09 Feb 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
EQC
transaction
Derivative
Restricted Share Units
Options Exercise
- Transaction value
- Shares
- -1,612
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Shares of Beneficial Interest
- Underlying amount
- 1,612
- Exercise price
- Footnotes
- F3, F4
EQC
transaction
Derivative
Restricted Share Units
Award
- Transaction value
- Shares
- +725
- Change %
- Price
- Shares after
- 725
- Date
- 09 Feb 2022
- Ownership
- Direct
- Underlying class
- Common Shares of Beneficial Interest
- Underlying amount
- 725
- Exercise price
- Footnotes
- F3, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Each Common Share of Beneficial Interest of Equity Commonwealth ("Common Share") was received in exchange for one Restricted Share Unit ("RSU"), subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable RSU agreement for the Reporting Person. Reflects Common Shares that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs and a portion of such RSUs vesting on the Transaction Date.
Footnote F2
Reflects Common Shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted Common Shares and RSUs.
Footnote F3
Each RSU represents the right to receive one Common Share, subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable RSU agreement for the Reporting Person.
Footnote F4
On February 9, 2021, the Reporting Person received 3,225 RSUs as a result of certain performance criteria being met with respect to previously granted RSUs, vesting in two equal installments on February 9, 2021 and in February of 2022, subject to the Reporting Person's continued employment with Equity Commonwealth through such date.
Footnote F5
Reflects RSUs that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs. These RSUs will vest in February of 2023, subject to the Reporting Person's continued employment with Equity Commonwealth through such date.