W. P. Carey director receives stock grant
GASS RHONDA reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
GASS RHONDA reported acquisition or exercise transactions in this Form 4 filing.
W. P. Carey Inc. director Rhonda Gass received an award of 396 shares of common stock valued at $69.39 per share. The shares were granted under the company’s Non-Employee Director Stock Election Plan in lieu of director fees and will be paid at the end of the deferral period she selected.
After this award, she directly holds a total of 11,428 common shares. Her holdings also include 135 dividend equivalent rights related to deferred shares under the Deferred Compensation Plan for Non-Employee Directors, with each right economically equivalent to one common share and payable at the end of her chosen deferred period.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 396 | $69.39 | $27K |
Footnotes (2)
- F1. Represents the Issuer's common stock in the form of shares granted under the Issuer's Non-Employee Director Stock Election Plan in lieu of director fees pursuant to the director's election, which will be paid at the end of the deferral period selected by the reporting person.
- F2. Includes 135 dividend equivalent rights ("DERs") related to dividends received on deferred shares granted under the Issuer's Deferred Compensation Plan for Non-Employee Directors. These DERs become payable at the end of the deferred period selected by the reporting person. Each DER is the economic equivalent of one share of the Issuer's common stock.
Key Figures
Key Terms
Non-Employee Director Stock Election Plan financial
Deferred Compensation Plan for Non-Employee Directors financial
dividend equivalent rights ("DERs") financial
FAQ
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What insider transaction did W. P. Carey (WPC) director Rhonda Gass report?
What are the dividend equivalent rights (DERs) reported for W. P. Carey (WPC)?
Is the W. P. Carey (WPC) Form 4 transaction an open-market trade?
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