W. P. Carey Inc. - 01 Nov 2023 Form 4 Insider Report for Net Lease Office Properties (NLOP)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
03 Nov 2023, 18:01:32 UTC
Prior SEC filing
06 Oct 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sapna Sanagavarapu, Attorney-in-fact

Key filing fact

W. P. Carey Inc. filed Form 4 for Net Lease Office Properties (NLOP) on 03 Nov 2023.

Key facts

  • This page summarizes W. P. Carey Inc.'s Form 4 filing for Net Lease Office Properties (NLOP).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Nov 2023, 18:01.

Change

  • Previous filing in this sequence was filed on 06 Oct 2023.
  • 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NLOP transaction

COMMON SHARES

Other

Transaction value
$0
Shares
+14,619,919
Change %
+1461992%
Price
$0.000000
Shares after
14,620,919
Date
01 Nov 2023
Ownership
Direct
Footnotes
F1
NLOP transaction

COMMON SHARES

Other

Transaction value
$0
Shares
-14,620,919
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Nov 2023
Ownership
Direct
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

W. P. Carey Inc. 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

In connection with the spin-off (the "Spin-Off") of the Issuer by W. P. Carey Inc. ("W. P. Carey"), on November 1, 2023, the Issuer issued (the "Issuance") to W. P. Carey, its sole shareholder, 14,620,919 common shares of beneficial interest, par value $0.001 per share, of the Issuer ("Common Shares").

Footnote F2

In connection with the Spin-Off and following the Issuance, on November 1, 2023, W. P. Carey distributed 100% of the outstanding Common Shares of the Issuer to the holders of record of W. P. Carey common stock as of the close of business on October 19, 2023, the record date for the Spin-Off.

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