Gage R. Johnson - 07 Feb 2025 Form 4 Insider Report for Paramount Group, Inc. (PGRE)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
11 Feb 2025, 17:08:55 UTC
Prior SEC filing
04 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Gage Johnson

Key filing fact

Gage R. Johnson filed Form 4 for Paramount Group, Inc. (PGRE) on 11 Feb 2025.

Key facts

  • This page summarizes Gage R. Johnson's Form 4 filing for Paramount Group, Inc. (PGRE).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 11 Feb 2025, 17:08.

Change

  • Previous filing in this sequence was filed on 04 Mar 2024.
  • 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 derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PGRE transaction Derivative

LTIP Units

Award

Transaction value
$0
Shares
+17,731
Change %
Price
$0.000000
Shares after
17,731
Date
07 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
17,731
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

LTIP Units earned upon the achievement of the performance hurdles pursuant to the 2022 Performance Program. Of the 17,731 LTIP Units earned, 8,865 LTIP Units vested on February 7, 2025, and the remaining 8,866 LTIP Units will vest on December 31, 2025.

Footnote F2

Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit will be converted automatically into a common unit of limited partnership interest ("OP Unit") in Paramount Group Operating Partnership LP. Each OP Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of common stock. Such OP Units are generally not redeemable without the consent of the Issuer until two years from the date of the grant. The conversion feature of vested LTIP Units and the redemption rights for OP Units do not have expiration dates.

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