W. P. Carey (WPC) director Rhonda Gass receives equity awards and DERs
Rhea-AI Filing Summary
W. P. Carey Inc. director Rhonda Gass reported equity awards of common stock as part of her board compensation. She received 423 shares of common stock valued at $70.81 per share as an annual award of restricted shares under the company’s 2017 Share Incentive Plan, scheduled to vest in full on the anniversary of the grant date. She also acquired 2,824 additional shares granted in the form of common stock under the Non-Employee Director Stock Election Plan, in lieu of cash director fees, to be paid at the end of a deferral period she selected. Footnotes note 143.278 dividend equivalent rights tied to deferred shares, each economically equal to one share of common stock, payable at the end of her chosen deferral period.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,824 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 423 | $70.81 | $30K |
Footnotes (3)
- F1. Represents an annual award of restricted shares granted under the Issuer's Amended and Restated 2017 Share Incentive Plan, which are scheduled to vest in full on the anniversary of the grant date. The underlying shares of the Issuer's common stock will be paid at the end of the deferral period selected by the reporting person under the Issuer's Deferred Compensation Plan for Non-Employee Directors.
- F2. Includes 143.278 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 deferral period selected by the reporting person. Each DER is the economic equivalent of one share of the Issuer's common stock.
- F3. 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.
Key Figures
Key Terms
Deferred Compensation Plan for Non-Employee Directors financial
dividend equivalent rights ("DERs") financial
Non-Employee Director Stock Election Plan financial
FAQ
What insider transactions did W. P. Carey (WPC) director Rhonda Gass report?
What are the 143.278 dividend equivalent rights reported for Rhonda Gass at W. P. Carey (WPC)?
Do Rhonda Gass’s W. P. Carey (WPC) equity awards vest immediately?
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