Filing Details
- Accession Number:
- 0001104659-19-069159
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-12-02 21:00:33
- Reporting Period:
- 2019-11-27
- Accepted Time:
- 2019-12-02 21:00:33
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1605607 | Paramount Group Inc. | PGRE | Real Estate Investment Trusts (6798) | 320439307 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1626099 | Maren Otto | C/O Paramount Group, Inc. 1633 Broadway, Suite 1801 New York NY 10019 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2019-11-27 | 5,663 | $13.49 | 5,663 | No | 4 | J | Indirect | By CNBB-RDF Holdings, LP |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2019-11-27 | 5,663 | $13.49 | 0 | No | 4 | S | Indirect | By CNBB-RDF Holdings, LP |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | J | Indirect | By CNBB-RDF Holdings, LP |
| No | 4 | S | Indirect | By CNBB-RDF Holdings, LP |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Partnership Units | Acquisiton | 2019-11-27 | 6,739 | $13.49 | 6,739 | $0.00 |
| Common Stock | Partnership Units | Disposition | 2019-11-27 | 6,739 | $13.49 | 6,739 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 6,739 | No | 4 | J | Indirect | ||
| 0 | No | 4 | S | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock, Par Value $0.01 Per Share | 7,138,603 | Direct |
Footnotes
- On November 27, 2019, CNBB-RDF Holdings, LP, a limited partnership in which the reporting person has direct and indirect ownership interests ("CNBB"), acquired 33,363 shares of common stock of Paramount Group, Inc. (the "Issuer") in private transactions from certain individuals, which transactions valued such shares at $13.49 per share, in satisfaction of amounts due under promissory notes previously entered into by such individuals in favor of CNBB. Following such transactions, on November 27, 2019, CNBB sold the 33,363 shares of common stock of the Issuer in a private transaction.
- Represents common units of limited partnership interest ("OP Units") in Paramount Group Operating Partnership LP (the "Operating Partnership"). Each OP Unit is currently redeemable 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. These redemption rights have no expiration date.
- On November 27, 2019, CNBB acquired 39,698 OP Units in private transactions from certain individuals, which transactions valued such units at $13.49 per unit, in satisfaction of amounts due under promissory notes previously entered into by such individuals in favor or CNBB. Following such transactions, on November 27, 2019, CNBB sold the 39,698 OP Units in a private transaction.
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