Christine J. Mastandrea - Jul 31, 2021 Form 4 Insider Report for Whitestone REIT (WSR)

Signature
/s/ David K. Holeman, Attorney-in-Fact for Christine J. Mastandrea
Stock symbol
WSR
Transactions as of
Jul 31, 2021
Transactions value $
-$13,470
Form type
4
Date filed
8/2/2021, 04:55 PM
Previous filing
Jul 1, 2021
Next filing
Jan 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSR Common Shares Tax liability -$13.5K -1.52K -0.52% $8.85 294K Jul 31, 2021 Direct F1, F2
holding WSR Common Shares 1.53M Jul 31, 2021 By Spouse F3
holding WSR Common Shares 126K Jul 31, 2021 By L.P. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents common shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of certain restricted units previously granted pursuant to the Company's 2018 Long-Term Equity Incentive Ownership Plan.
F2 Per Share value assigned by the Company to the tax withholding shares based on the closing sales price of the common shares on July 30, 2021.
F3 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F4 Represents common shares held by Midwest Development Venture IV, an Illinois limited partnership ("Midwest"). Ms. Mastandrea's spouse, James Mastandrea, owns both a limited partner interest in Midwest and 100% of the equity of the general partner of Midwest. As a result, Ms. Mastandrea may be deemed to be the beneficial owner of the common shares held by Midwest. The reporting person disclaims beneficial ownership in these shares except to the extent of her pecuniary interest therein, and the inclusion of these common shares in this report shall not be deemed an admission of beneficial ownership of all of the reported common shares for purposes of Section 16 or for any other purpose.