WEIL EDWARD M JR. (CEO and President) exercised options at NECESSITY RETAIL REIT, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 9/13/2023ACC: 0001104659-23-100569
DirectorOfficer· CEO and President
Since Feb 2017
-8.60M
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
5
Total transactions
5.57M acquired · 14.16M disposed
Non-Derivative Transactions3
Class A Common Stock
Indirect
Shares
+5.57M
Price / share
—
Trade value
—
% of position
New position
9/11/2023
0.00→5.57M
Class A Common Stock
Indirect
Shares
−5.57M
Price / share
—
Trade value
—
% of position
New position
9/12/2023
5.57M→0.00
Class A Common Stock
Direct
Shares
−66.48K
Price / share
—
Trade value
—
% of position
New position
9/12/2023
66.48K→0.00
Total
Net shares
−66.48K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Indirect | 9/11/2023 | M · Option Exercise | +5.57M | — | — | New position | 0.00 | 5.57M |
| Class A Common Stock Indirect | 9/12/2023 | D · Disposition | −5.57M | — | — | New position | 5.57M | 0.00 |
| Class A Common Stock Direct | 9/12/2023 | D · Disposition | −66.48K | — | — | New position | 66.48K | 0.00 |
| Total | −66.48K | $0.00 | ||||||
Derivative Transactions2
LTIP Units
Indirect
Converts to
Class A Common Stock
5.57M shares
Shares
−5.57M
Strike price
0
Held after
2.96M
Exercisable
—
9/12/2023
LTIP Units
Indirect
Converts to
Class A Common Stock
2.96M shares
Shares
−2.96M
Strike price
0
Held after
0.00
Exercisable
—
9/12/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| LTIP Units Indirect | Class A Common Stock5.57M shares | 9/12/2023 | M · Option Exercise | −5.57M | 0 | — | 2.96M |
| LTIP Units Indirect | Class A Common Stock2.96M shares | 9/12/2023 | D · Disposition | −2.96M | 0 | — | 0.00 |