Key facts
- This page summarizes Todd W. Hartman's Form 4 filing for CORPORATE OFFICE PROPERTIES TRUST (CDP).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 03 Mar 2023, 12:18.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Additional SEC filing notes
Section 16 status
Todd W. Hartman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote F1
Each Profit Interest Unit will convert automatically into one share of beneficial interest, designated as a unit (an "OP Unit"), in Corporate Office Properties, L.P. when such Profit Interest Unit becomes vested and upon equalization of its capital account balance. OP Units are redeemable for cash, or, at the option of Corporate Office Properties Trust, exchangeable for common shares of Corporate Office Properties Trust, currently on a one-for-one basis.
Footnote F2
Represents Profit Interest Units issued pursuant to the Corporate Office Properties Trust 2017 Omnibus Equity and Incentive Plan.
Footnote F3
The Profit Interest Units will vest in three equal installments over a three-year period.
Footnote F4
As reported in the Current Report on Form 8-K filed by Corporate Office Properties Trust on March 2, 2023, the reporting person resigned from the company effective March 2, 2023. At that time, all of the reporting person's outstanding, unvested performance-based or time-based equity grants (including the 16,666 Profit Interest Units granted on March 1, 2023) were terminated.