Filing Details

Accession Number:
0000899243-22-039314
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-23 16:33:29
Reporting Period:
2022-12-22
Accepted Time:
2022-12-23 16:33:29
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
1670480 Martin Bussmann C/O Paramount Group, Inc.
1633 Broadway, Suite 1801
New York NY 10019
Yes No No 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 Acquisiton 2022-12-22 6,317 $5.85 6,317 No 4 M Direct
Common Stock Acquisiton 2022-12-22 7,074 $5.85 13,391 No 4 M Direct
Common Stock Acquisiton 2022-12-22 3,609 $5.85 17,000 No 4 M Direct
Common Stock Disposition 2022-12-23 17,000 $5.81 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock LTIP Units Disposition 2022-12-22 6,317 $0.00 6,317 $5.85
Common Stock LTIP Units Disposition 2022-12-22 7,074 $0.00 7,074 $5.85
Common Stock LTIP Units Disposition 2022-12-22 3,609 $0.00 3,609 $5.85
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 No 4 M Direct
4,025 No 4 M Direct
Footnotes
  1. Common stock issued upon the redemption of an equal number of common units of limited partnership interest ("OP Unit") in Paramount Group Operating Partnership LP (the "Partnership"). Each OP Unit was acquired upon conversion of a vested LTIP Unit that was previously awarded pursuant to the Issuer's Amended and Restated 2014 Equity Incentive Plan. 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.
  2. This transaction was executed in multiple trades at prices ranging from $5.800 to $5.830. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.