KELTER JEFFREY E exercised options at GRAMERCY PROPERTY TRUST

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

M · 8 exercises

KELTER JEFFREY E

Filed: 9/20/2018ACC: 0001104659-18-057831

InsiderKELTER JEFFREY ECIK 1198068

→

IssuerGRAMERCY PROPERTY TRUSTCIK 1297587

Director

Since Jul 2018

-25K

Net shares

Net seller

$685.2K

Total sold

Open market trades

0B · 0S

Total transactions

34.82K acquired · 59.82K disposed

Non-Derivative Transactions9

Common Shares

Direct

M · Option Exercise

+1.33K

Price / share

$4.68

Trade value

$6.22K

% of position

2.4%

9/18/2018

55.44K→56.77K

Common Shares

Direct

M · Option Exercise

+1.33K

Price / share

$10.26

Trade value

$13.64K

% of position

2.3%

9/18/2018

56.77K→58.10K

Common Shares

Direct

M · Option Exercise

+1.33K

Price / share

$10.47

Trade value

$13.91K

% of position

2.3%

9/18/2018

58.10K→59.42K

Common Shares

Direct

M · Option Exercise

+1.33K

Price / share

$9.39

Trade value

$12.48K

% of position

2.2%

9/18/2018

59.42K→60.75K

Common Shares

Direct

M · Option Exercise

+1.33K

Price / share

$11.46

Trade value

$15.23K

% of position

2.2%

9/18/2018

60.75K→62.08K

Common Shares

Direct

M · Option Exercise

+1.33K

Price / share

$21.78

Trade value

$28.95K

% of position

2.1%

9/18/2018

62.08K→63.41K

Common Shares

Direct

M · Option Exercise

+1.33K

Price / share

$23.10

Trade value

$30.70K

% of position

2.1%

9/18/2018

63.41K→64.74K

Common Shares

Direct

M · Option Exercise

+25.52K

Price / share

$22.11

Trade value

$564.20K

% of position

39.4%

9/18/2018

64.74K→90.26K

Common Shares

Direct

F · Tax Withholding

−25K

Price / share

$27.41

Trade value

$685.22K

% of position

27.7%

9/18/2018

90.26K→65.26K

Total

Net shares

+9.82K

Net value

$105.45

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Direct	9/18/2018	M · Option Exercise	+1.33K	$4.68	$6.22K	2.4%	55.44K	56.77K
Common Shares Direct	9/18/2018	M · Option Exercise	+1.33K	$10.26	$13.64K	2.3%	56.77K	58.10K
Common Shares Direct	9/18/2018	M · Option Exercise	+1.33K	$10.47	$13.91K	2.3%	58.10K	59.42K
Common Shares Direct	9/18/2018	M · Option Exercise	+1.33K	$9.39	$12.48K	2.2%	59.42K	60.75K
Common Shares Direct	9/18/2018	M · Option Exercise	+1.33K	$11.46	$15.23K	2.2%	60.75K	62.08K
Common Shares Direct	9/18/2018	M · Option Exercise	+1.33K	$21.78	$28.95K	2.1%	62.08K	63.41K
Common Shares Direct	9/18/2018	M · Option Exercise	+1.33K	$23.10	$30.70K	2.1%	63.41K	64.74K
Common Shares Direct	9/18/2018	M · Option Exercise	+25.52K	$22.11	$564.20K	39.4%	64.74K	90.26K
Common Shares Direct	9/18/2018	F · Tax Withholding	−25K	$27.41	$685.22K	27.7%	90.26K	65.26K
Total			+9.82K		$105.45

Derivative Transactions8

Share Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

1.33K shares

−1.33K

Strike price

4.68

Held after

0.00

Exercisable

—

9/18/2018

Share Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

1.33K shares

−1.33K

Strike price

10.26

Held after

0.00

Exercisable

—

9/18/2018

Share Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

1.33K shares

−1.33K

Strike price

10.47

Held after

0.00

Exercisable

—

9/18/2018

Share Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

1.33K shares

−1.33K

Strike price

9.39

Held after

0.00

Exercisable

—

9/18/2018

Share Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

1.33K shares

−1.33K

Strike price

11.46

Held after

0.00

Exercisable

—

9/18/2018

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

—

9/18/2018

Share Options (right to buy)

Direct

M · Option Exercise

Converts to

Common Shares

1.33K shares

−1.33K

Strike price

23.10

Held after

0.00

Exercisable

—

9/18/2018

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

—

9/18/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Share Options (right to buy) Direct	Common Shares1.33K shares	9/18/2018	M · Option Exercise	−1.33K	4.68	—
Share Options (right to buy) Direct	Common Shares1.33K shares	9/18/2018	M · Option Exercise	−1.33K	10.26	—
Share Options (right to buy) Direct	Common Shares1.33K shares	9/18/2018	M · Option Exercise	−1.33K	10.47	—
Share Options (right to buy) Direct	Common Shares1.33K shares	9/18/2018	M · Option Exercise	−1.33K	9.39	—
Share Options (right to buy) Direct	Common Shares1.33K shares	9/18/2018	M · Option Exercise	−1.33K	11.46	—
Share Options (right to buy) Direct	Common Shares1.33K shares	9/18/2018	M · Option Exercise	−1.33K	21.78	—
Share Options (right to buy) Direct	Common Shares1.33K shares	9/18/2018	M · Option Exercise	−1.33K	23.10	—
Share Options (right to buy) Direct	Common Shares25.52K shares	9/18/2018	M · Option Exercise	−25.52K	22.11	—