Michael Mazan - Jan 24, 2024 Form 4 Insider Report for City Office REIT, Inc. (CIO)

Role
Director
Signature
/s/ Michael Mazan
Stock symbol
CIO
Transactions as of
Jan 24, 2024
Transactions value $
$0
Form type
4
Date filed
1/26/2024, 01:17 PM
Previous filing
Feb 24, 2023
Next filing
Mar 21, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CIO Restricted Stock Units Award +10.8K 10.8K Jan 24, 2024 Common Stock 10.8K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In accordance with the Company's Equity Incentive Plan (the "Equity Incentive Plan"), Restricted Stock Units (as the defined in the Equity Incentive Plan) convert into common stock on a one-for-one basis.
F2 In accordance with the Equity Incentive Plan, the Restricted Stock Units (and related dividend equivalent rights) shall vest in three substantially equal installments on each of the first three annual anniversaries of their initial grant date, generally subject to the grantee's continued service through each applicable vesting date.
F3 Vested shares will be delivered to the reporting person promptly upon vesting of the related restricted stock units.