BAUM ALLAN exercised options at GRAMERCY PROPERTY TRUST

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

BAUM ALLAN

Filed: 6/19/2018ACC: 0001297587-18-000067

InsiderBAUM ALLANCIK 1298926

→

IssuerGRAMERCY PROPERTY TRUSTCIK 1297587

Director

Since Jul 2018

-22.55K

Net shares

Net seller

$623.8K

Total sold

Open market trades

0B · 0S

Total transactions

28.18K acquired · 50.72K disposed

Non-Derivative Transactions4

Common Shares

Direct

M · Option Exercise

+1.33K

Price / share

$21.78

Trade value

$28.95K

% of position

3.8%

6/18/2018

35.29K→36.62K

Common Shares

Direct

M · Option Exercise

+1.33K

Price / share

$23.10

Trade value

$30.70K

% of position

3.6%

6/18/2018

36.62K→37.95K

Common Shares

Direct

M · Option Exercise

+25.52K

Price / share

$22.11

Trade value

$564.20K

% of position

67.2%

6/18/2018

37.95K→63.47K

Common Shares

Direct

F · Tax Withholding

−22.55K

Price / share

$27.67

Trade value

$623.82K

% of position

35.5%

6/18/2018

63.47K→40.92K

Total

Net shares

+5.63K

Net value

$28.35

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Direct	6/18/2018	M · Option Exercise	+1.33K	$21.78	$28.95K	3.8%	35.29K	36.62K
Common Shares Direct	6/18/2018	M · Option Exercise	+1.33K	$23.10	$30.70K	3.6%	36.62K	37.95K
Common Shares Direct	6/18/2018	M · Option Exercise	+25.52K	$22.11	$564.20K	67.2%	37.95K	63.47K
Common Shares Direct	6/18/2018	F · Tax Withholding	−22.55K	$27.67	$623.82K	35.5%	63.47K	40.92K
Total			+5.63K		$28.35

Derivative Transactions3

Share Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

1.33K shares

−1.33K

Strike price

21.78

Held after

0.00

Exercisable

—

6/18/2018

Share Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

1.33K shares

−1.33K

Strike price

23.1

Held after

0.00

Exercisable

—

6/18/2018

Share Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

25.52K shares

−25.52K

Strike price

22.11

Held after

0.00

Exercisable

—

6/18/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Share Options (right to buy) Direct	Common Shares1.33K shares	6/18/2018	M · Option Exercise	−1.33K	21.78	—
Share Options (right to buy) Direct	Common Shares1.33K shares	6/18/2018	M · Option Exercise	−1.33K	23.1	—
Share Options (right to buy) Direct	Common Shares25.52K shares	6/18/2018	M · Option Exercise	−25.52K	22.11	—