Accession Number: | 0001507385-20-000017 |
Date: | 2020-01-16 |
Issuer: | VEREIT, INC. (VER) |
Original Submission Date: |
ROBERTS THOMAS W
C/O VEREIT, INC.
2325 E. CAMELBACK ROAD, 9TH FLOOR
PHOENIX, AZ 85016
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-01-16 | D | 15,168 | d | $0.00 | 418,310 | direct | ||
COMMON STOCK | 2020-01-16 | F | 18,367 | d | $9.52 | 399,943 | direct | ||
COMMON STOCK | 2020-01-16 | 0 | $0.00 | 303,455 | indirect | f4 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | represents performance-based restricted stock units awarded to the reporting person on february 22, 2017 pursuant to the issuer's equity plan. on january 16, 2020, the issuer determined that the vesting criteria related to these performance-based restricted stock units had not been satisfied. |
f2 | reflects the product of the applicable withholding rate and the 60,674 performance-based restricted stock units that vested pursuant to the terms of the reporting person's performance-based restricted stock unit award agreement. |
f3 | reflects the closing sale price of the issuer's common stock as reported on the new york stock exchange on january 16, 2020. |
f4 | by the thomas w. roberts family revocable trust. |