0001144204-16-088006.txt : 20160315 0001144204-16-088006.hdr.sgml : 20160315 20160315090056 ACCESSION NUMBER: 0001144204-16-088006 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20160315 DATE AS OF CHANGE: 20160315 GROUP MEMBERS: 40 NORTH GP III LLC GROUP MEMBERS: 40 NORTH LATITUDE FUND LP GROUP MEMBERS: 40 NORTH LATITUDE MASTER FUND LTD. GROUP MEMBERS: 40 NORTH LATITUDE SPV-C LLC GROUP MEMBERS: DAVID J. MILLSTONE GROUP MEMBERS: DAVID S. WINTER SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA PROPERTY TRUST, INC. CENTRAL INDEX KEY: 0001252849 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 200068852 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85183 FILM NUMBER: 161505669 BUSINESS ADDRESS: STREET 1: ONE GLENLAKE PARKWAY STREET 2: SUITE 1200 CITY: ATLANTA STATE: GA ZIP: 30328 BUSINESS PHONE: 4044652200 MAIL ADDRESS: STREET 1: ONE GLENLAKE PARKWAY STREET 2: SUITE 1200 CITY: ATLANTA STATE: GA ZIP: 30328 FORMER COMPANY: FORMER CONFORMED NAME: WELLS REAL ESTATE INVESTMENT TRUST II INC DATE OF NAME CHANGE: 20030708 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: 40 North Management LLC CENTRAL INDEX KEY: 0001539436 IRS NUMBER: 264203244 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 9 WEST 57TH STREET - 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212.821.1600 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET - 30TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: 40 North Industries LLC DATE OF NAME CHANGE: 20120112 SC 13D/A 1 v434268_sc13da.htm SC 13D/A

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 13D

(Amendment No. 3)*

 

Under the Securities Exchange Act of 1934

 

 

 

Columbia Property Trust, Inc.

(Name of Issuer)

 

Common Stock, par value $0.01 per share

(Title of Class of Securities)

 

198287203

(CUSIP Number)

 

David S. Winter

David J. Millstone

40 North Management LLC

9 West 57th Street, 30th Floor

New York, New York 10019

(212) 821-1600

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

COPIES TO:

Robert W. Downes, Esq.

Sullivan & Cromwell LLP

125 Broad Street

New York, New York 10004-2498

(212) 558-4312

 

March 14, 2016

(Date of Event which Requires Filing of this Statement)

 

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

 

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule §240.13d-7 for other parties to whom copies are to be sent.

 

 

 

*    The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

Continued on the following pages

Page 1 of 13 Pages

 

 
 

 

   
CUSIP No. 198287203 Page 2 of 13 Pages

 
 
  1.

Names of Reporting Persons

 

40 NORTH MANAGEMENT LLC

     
  2. Check the Appropriate Box if a Member of a Group (See Instructions)
    (a)  o
    (b)  x
     
  3.

SEC Use Only

 

     
  4.

Source of Funds (See Instructions)

 

AF

     
  5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

     
  6.

Citizenship or Place of Organization

 

DELAWARE

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

 

7.

 

Sole Voting Power

 

6,158,909

 

8.

 

Shared Voting Power

 

0

 

9.

 

Sole Dispositive Power

 

6,158,909

 

10.

 

Shared Dispositive Power

 

0

 

 

11.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

6,158,909

 

 

12.

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

 

Percent of Class Represented by Amount in Row (11)

 

5.0%*

 

 

14.

 

Type of Reporting Person (See Instructions)

 

IA

 

*Approximately 4.99% based on a total of 123,475,470 shares of Common Stock, par value $0.01 per share, of the Issuer outstanding as of January 31, 2016, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2015.

 

 
 

 

   
CUSIP No. 198287203 Page 3 of 13 Pages

 
 
  1.

Names of Reporting Persons

 

40 NORTH GP III LLC

     
  2. Check the Appropriate Box if a Member of a Group (See Instructions)
    (a)  o
    (b)  x
     
  3.

SEC Use Only

 

     
  4.

Source of Funds (See Instructions)

 

AF

     
  5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

     
  6.

Citizenship or Place of Organization

 

DELAWARE

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

 

7.

 

Sole Voting Power

 

0

 

8.

 

Shared Voting Power

 

6,158,909

 

9.

 

Sole Dispositive Power

 

0

 

10.

 

Shared Dispositive Power

 

6,158,909

 

 

11.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

6,158,909

 

 

12.

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

 

Percent of Class Represented by Amount in Row (11)

 

5.0%*

 

 

14.

 

Type of Reporting Person (See Instructions)

 

OO

 

*Approximately 4.99% based on a total of 123,475,470 shares of Common Stock, par value $0.01 per share, of the Issuer outstanding as of January 31, 2016, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2015.

 

 
 

 

   
CUSIP No. 198287203 Page 4 of 13 Pages

 
 
  1.

Names of Reporting Persons

 

40 NORTH LATITUDE MASTER FUND LTD.

     
  2. Check the Appropriate Box if a Member of a Group (See Instructions)
    (a)  o
    (b)  x
     
  3.

SEC Use Only

 

     
  4.

Source of Funds (See Instructions)

 

WC; OO

     
  5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

     
  6.

Citizenship or Place of Organization

 

CAYMAN ISLANDS

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

 

7.

 

Sole Voting Power

 

0

 

8.

 

Shared Voting Power

 

6,158,909

 

9.

 

Sole Dispositive Power

 

0

 

10.

 

Shared Dispositive Power

 

6,158,909

 

 

11.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

6,158,909

 

 

12.

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

 

Percent of Class Represented by Amount in Row (11)

 

5.0%*

 

 

14.

 

Type of Reporting Person (See Instructions)

 

CO

 

*Approximately 4.99% based on a total of 123,475,470 shares of Common Stock, par value $0.01 per share, of the Issuer outstanding as of January 31, 2016, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2015.

 

 
 

 

   
CUSIP No. 198287203 Page 5 of 13 Pages

 
 
  1.

Names of Reporting Persons

 

40 NORTH LATITUDE SPV-C LLC

     
  2. Check the Appropriate Box if a Member of a Group (See Instructions)
    (a)  o
    (b)  x
     
  3.

SEC Use Only

 

     
  4.

Source of Funds (See Instructions)

 

WC; OO

     
  5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

     
  6.

Citizenship or Place of Organization

 

DELAWARE

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

 

7.

 

Sole Voting Power

 

0

 

8.

 

Shared Voting Power

 

6,158,909

 

9.

 

Sole Dispositive Power

 

0

 

10.

 

Shared Dispositive Power

 

6,158,909

 

11.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

6,158,909

 

 

12.

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

 

Percent of Class Represented by Amount in Row (11)

 

5.0%*

 

 

14.

 

Type of Reporting Person (See Instructions)

 

OO

 

*Approximately 4.99% based on a total of 123,475,470 shares of Common Stock, par value $0.01 per share, of the Issuer outstanding as of January 31, 2016, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2015.

 

 
 

 

   
CUSIP No. 198287203 Page 6 of 13 Pages

 
 
  1.

Names of Reporting Persons

 

40 NORTH LATITUDE FUND LP

     
  2. Check the Appropriate Box if a Member of a Group (See Instructions)
    (a)  o
    (b)  x
     
  3.

SEC Use Only

 

     
  4.

Source of Funds (See Instructions)

 

WC; OO

     
  5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

     
  6.

Citizenship or Place of Organization

 

DELAWARE

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

 

7.

 

Sole Voting Power

 

0

 

8.

 

Shared Voting Power

 

6,158,909

 

9.

 

Sole Dispositive Power

 

0

 

10.

 

Shared Dispositive Power

 

6,158,909

 

 

11.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

6,158,909

 

 

12.

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

 

Percent of Class Represented by Amount in Row (11)

 

5.0%*

 

 

14.

 

Type of Reporting Person (See Instructions)

 

PN

 

*Approximately 4.99% based on a total of 123,475,470 shares of Common Stock, par value $0.01 per share, of the Issuer outstanding as of January 31, 2016, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2015.

 

 
 

 

   
CUSIP No. 198287203 Page 7 of 13 Pages

 
 
  1.

Names of Reporting Persons

 

DAVID S. WINTER

     
  2. Check the Appropriate Box if a Member of a Group (See Instructions)
    (a)  o
    (b)  x
     
  3.

SEC Use Only

 

     
  4.

Source of Funds (See Instructions)

 

AF

     
  5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

     
  6.

Citizenship or Place of Organization

 

UNITED STATES

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

 

7.

 

Sole Voting Power

 

0

 

8.

 

Shared Voting Power

 

6,158,909

 

9.

 

Sole Dispositive Power

 

0

 

10.

 

Shared Dispositive Power

 

6,158,909

 

 

11.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

6,158,909

 

 

12.

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

 

Percent of Class Represented by Amount in Row (11)

 

5.0%*

 

 

14.

 

Type of Reporting Person (See Instructions)

 

IN

 

*Approximately 4.99% based on a total of 123,475,470 shares of Common Stock, par value $0.01 per share, of the Issuer outstanding as of January 31, 2016, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2015.

 

 
 

 

   
CUSIP No. 198287203 Page 8 of 13 Pages

 
 
  1.

Names of Reporting Persons

 

DAVID J. MILLSTONE

     
  2. Check the Appropriate Box if a Member of a Group (See Instructions)
    (a)  o
    (b)  x
     
  3.

SEC Use Only

 

     
  4.

Source of Funds (See Instructions)

 

AF

     
  5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o

 

     
  6.

Citizenship or Place of Organization

 

UNITED STATES

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person With

 

7.

 

Sole Voting Power

 

0

 

8.

 

Shared Voting Power

 

6,158,909

 

9.

 

Sole Dispositive Power

 

0

 

10.

 

Shared Dispositive Power

 

6,158,909

 

 

11.

 

Aggregate Amount Beneficially Owned by Each Reporting Person

 

6,158,909

 

 

12.

 

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

 

13.

 

Percent of Class Represented by Amount in Row (11)

 

5.0%*

 

 

14.

 

Type of Reporting Person (See Instructions)

 

IN

 

*Approximately 4.99% based on a total of 123,475,470 shares of Common Stock, par value $0.01 per share, of the Issuer outstanding as of January 31, 2016, as reported in the Issuer’s Annual Report on Form 10-K for the year ended December 31, 2015.

 

 
 

 

   
CUSIP No. 198287203 Page 9 of 13 Pages
   

  

AMENDMENT NO. 3 TO SCHEDULE 13D

 

This Amendment No. 3 supplements the information set forth in the Schedule 13D filed by 40 North Management LLC, a Delaware limited liability company, 40 North GP LLC, a Delaware limited liability company, 40 North GP II LLC, a Delaware limited liability company, 40 North Investments LP, a Delaware limited partnership, 40 North Investment Partners LP, a Delaware limited partnership, David S. Winter, an American citizen, and David J. Millstone, an American citizen, with the United States Securities and Exchange Commission (the “SEC”) on November 12, 2014 (the “Schedule 13D”), relating to Common Stock, par value $0.01 per share (the “Shares”), of Columbia Property Trust, Inc., a Maryland corporation (the “Issuer”).  All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D.

 

The information set forth in response to each separate Item below shall be deemed to be a response to all Items where such information is relevant.  The Schedule 13D is hereby supplementally amended as follows:

 

Item 2. Identity and Background.

 

This statement on Schedule 13D is filed on behalf of 40 North Management LLC, a Delaware limited liability company (“40 North Management”), 40 North Latitude Master Fund Ltd., a Cayman Islands exempted company incorporated with limited liability (“40 North Latitude Master”), 40 North Latitude SPV-C LLC, a Delaware limited liability company (“40 North Latitude SPV”), 40 North Latitude Fund LP, a Delaware limited partnership (“40 North Latitude Feeder”), 40 North GP III LLC, a Delaware limited liability company (“40 North GP III”), David S. Winter, an American citizen, and David J. Millstone, an American citizen (collectively, the “Reporting Persons”).  This statement relates to Shares held by (i) 40 North Latitude SPV, a wholly owned subsidiary of 40 North Latitude Master, the “master” fund in a “master-feeder” structure in which 40 North Latitude Feeder is a “feeder” fund, and (ii) 40 North Latitude Master.

 

The principal business of each of 40 North Latitude Feeder, 40 North Latitude Master and 40 North Latitude SPV is the making of investments in securities and other assets.   The principal business of 40 North GP III is to serve as general partner of 40 North Latitude Feeder.  40 North Management serves as principal investment manager to 40 North Latitude Feeder and 40 North Latitude Master. As such, 40 North Management has been granted investment discretion over various portfolio investments, including the Shares.  David S. Winter and David J. Millstone serve as the sole members and principals of each of 40 North Management and 40 North GP III, as the principals of 40 North Latitude SPV, and as the sole directors of 40 North Latitude Master.  The principal business address of each of the Reporting Persons is 9 West 57th Street, 30th Floor, New York, New York 10019.  A joint filing agreement of the Reporting Persons is attached hereto as Exhibit 1

 

 

 

 

   
CUSIP No. 198287203 Page 10 of 13 Pages
   

 

During the last five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

Item 3. Source and Amount of Funds or Other Consideration.

 

The responses to Items 4, 5 and 6 of this Schedule 13D are incorporated herein by reference.

 

All of the Shares reported herein were acquired by 40 North Latitude Feeder on September 1, 2015 via distributions from 40 North Investments LP and 40 North Investment Partners LP (other investment subsidiaries of 40 North Latitude Feeder), and then contributed by 40 North Latitude Feeder to 40 North Latitude Master. All of such Shares were then contributed by 40 North Latitude Master to 40 North Latitude SPV.  The total purchase price for the Shares reported herein was $152,486,544. All or part of the Shares owned by the Reporting Persons may from time to time be pledged with one or more banking institutions or brokerage firms as collateral for loans made by such bank(s) or brokerage firm(s) to the Reporting Persons. Such indebtedness may be refinanced with other banks or broker-dealers.

 

Item 5. Interest in Securities of the Issuer.

 

(a) – (b). Each of 40 North Management, 40 North Latitude SPV, 40 North Latitude Master, 40 North Latitude Feeder, 40 North GP III, Mr. Winter and Mr. Millstone may be deemed the beneficial owner of all of the 6,158,909 Shares reported herein, which represent approximately 4.99% of the Issuer’s outstanding Shares.  40 North Management may be deemed to have sole power to vote and sole power to dispose of all of such Shares, whereas the other Reporting Persons may be deemed to have shared power to vote and shared power to dispose of such Shares as they may be deemed to have beneficial ownership of.

 

 

 

 

   
CUSIP No. 198287203 Page 11 of 13 Pages
   

 

The percentages in the immediately foregoing paragraph are calculated based on a total of 123,475,470 Shares outstanding as of January 31, 2016 (based on the Issuer’s Annual Report on Form 10-K filed with the SEC on February 11, 2016).

 

(c)           Except as set forth on Exhibit 2 attached hereto, there have been no transactions with respect to the Shares during the sixty days prior to the date hereof by any of the Reporting Persons.

 

(d)           In addition to the Reporting Persons, the limited partners of (or investors in) 40 North Latitude Feeder or its respective subsidiaries or affiliated entities have the right to participate in the receipt of dividends from, or proceeds from the sale of, the Shares held for the account of 40 North Latitude Feeder in accordance with their respective limited partnership interests (or investment percentages).

 

(e)           As of March 14, 2016, each of the Reporting Persons ceased to be the beneficial owner of more than five percent of the Shares.

 

Item 7. Material to be Filed as Exhibits.

 

Exhibit 1 – Agreement between 40 North Management LLC, 40 North Latitude Master Fund Ltd., 40 North Latitude SPV-C LLC, 40 North Latitude Fund LP, 40 North GP III LLC, David S. Winter, and David J. Millstone to file this Schedule 13D and any amendments thereto jointly on behalf of each of them.

 

Exhibit 2 – Transactions in the Shares effected in the past 60 days. 

 

 

 

 

   
CUSIP No. 198287203 Page 12 of 13 Pages
   

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

  

Date:  March 15, 2016 40 NORTH MANAGEMENT LLC
   
  By:
    /s/ David S. Winter
    David S. Winter
    Principal

 

  By:
    /s/ David J. Millstone
    David J. Millstone
    Principal

 

Date:  March 15, 2016 40 NORTH LATITUDE MASTER FUND LTD.
   
  By:
    /s/ David S. Winter
    David S. Winter
    Director
     
  By:
    /s/ David J. Millstone
    David J. Millstone
    Director

   
Date:  March 15, 2016 40 NORTH LATITUDE SPV-C LLC
   
  By:
    /s/ David S. Winter
    David S. Winter
    Principal

 

  By:
    /s/ David J. Millstone
    David J. Millstone
    Principal

 

 

 

 

   
CUSIP No. 198287203 Page 13 of 13 Pages
   

 

Date:  March 15, 2016 40 NORTH LATITUDE FUND LP
   
  By 40 North GP III LLC, its General Partner 
   
  By:
    /s/ David S. Winter
    David S. Winter
    Principal
     
  By:
    /s/ David J. Millstone
    David J. Millstone
    Principal

 

Date:  March 15, 2016 40 NORTH GP III LLC
   
  By:
    /s/ David S. Winter
    David S. Winter
    Principal
     
  By:
    /s/ David J. Millstone
    David J. Millstone
    Principal

 

Date:  March 15, 2016 DAVID S. WINTER
   
  By:
    /s/ David S. Winter
     
Date:  March 15, 2016 DAVID J. MILLSTONE
   
  By:
    /s/ David J. Millstone

 

 

 

EX-99.1 2 v434268_ex-1.htm EXHIBIT 1

 

Exhibit 1

 

AGREEMENT

JOINT FILING OF SCHEDULE 13D

 

The undersigned hereby agree to jointly prepare and file with regulatory authorities this Schedule 13D and any future amendments thereto reporting each of the undersigned’s ownership of securities of Columbia Property Trust, Inc., and hereby affirm that such Schedule 13D is being filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

 

Date:  March 15, 2016 40 NORTH MANAGEMENT LLC
   
  By:
    /s/ David S. Winter
    David S. Winter
    Principal

 

  By:
    /s/ David J. Millstone
    David J. Millstone
    Principal

 

Date:  March 15, 2016 40 NORTH LATITUDE MASTER FUND LTD.
   
  By:
    /s/ David S. Winter
    David S. Winter
    Director

 

  By:
    /s/ David J. Millstone
    David J. Millstone
    Director

 

 

 

 

Date:  March 15, 2016 40 NORTH LATITUDE SPV-C LLC
   
  By:
    /s/ David S. Winter
    David S. Winter
    Principal

 

  By:
    /s/ David J. Millstone
    David J. Millstone
    Principal

 

Date:  March 15, 2016 40 NORTH LATITUDE FUND LP
   
  By 40 North GP III LLC, its General Partner 
   
  By:
    /s/ David S. Winter
    David S. Winter
    Principal

 

  By:
    /s/ David J. Millstone
    David J. Millstone
    Principal

 

Date:  March 15, 2016 40 NORTH GP III LLC
   
  By:
    /s/ David S. Winter
    David S. Winter
    Principal

 

  By:
    /s/ David J. Millstone
    David J. Millstone
    Principal

 

Date:  March 15, 2016 DAVID S. WINTER
   
  By:
    /s/ David S. Winter

 

Date:  March 15, 2016 DAVID J. MILLSTONE
   
  By:
    /s/ David J. Millstone

 

 

 

 

EX-99.2 3 v434268_ex-2.htm EXHIBIT 2

 

Exhibit 2

 

TRANSACTIONS

 

Exhibit 2 to Schedule 13D (Amendment No. 2) filed on March 1, 2016 by the Reporting Persons (“Prior Exhibit 2”) is incorporated herein by reference. Together with Prior Exhibit 2, the following table sets forth all transactions with respect to Shares effected in the last sixty days by the Reporting Persons on behalf of the Reporting Persons in respect of the Shares, inclusive of any transactions effected through 4:00 p.m., New York City time, on March 14, 2016.  Except as noted, all such transactions were purchases or sales of Shares effected in the open market, and the table includes commissions paid in per share prices. 

 

Transaction Date  Reporting Person Effecting Transaction  Buy/Sell or Other
Acquisition/
Disposition
  Quantity   Price
              
03-01-16   40 North Latitude SPV-C LLC   Sell     20,000     20.45
03-01-16   40 North Latitude SPV-C LLC   Sell     10,000     20.60
03-01-16   40 North Latitude SPV-C LLC   Sell     125,000     20.58
03-02-16   40 North Latitude SPV-C LLC   Sell     10,000     20.63
03-02-16   40 North Latitude SPV-C LLC   Sell     26,931     20.75
03-02-16   40 North Latitude SPV-C LLC   Sell     50,000     20.68
03-03-16   40 North Latitude SPV-C LLC   Sell     87,644     20.64
03-04-16   40 North Latitude SPV-C LLC   Sell     71,600     21.00
03-04-16   40 North Latitude SPV-C LLC   Sell     30,000     21.01
03-07-16   40 North Latitude SPV-C LLC   Sell     40,000     21.13
03-07-16   40 North Latitude SPV-C LLC   Sell     34,600     21.18
03-08-16   40 North Latitude SPV-C LLC   Sell     30,625     21.06
03-08-16   40 North Latitude SPV-C LLC   Sell     19,375     21.06
03-08-16   40 North Latitude SPV-C LLC   Sell     1,347     21.10
03-08-16   40 North Latitude SPV-C LLC   Sell     853     21.10
03-09-16   40 North Latitude SPV-C LLC   Sell     65,466     21.35
03-09-16   40 North Latitude SPV-C LLC   Sell     25,000     21.33
03-10-16   40 North Latitude SPV-C LLC   Sell     14,369     21.05
03-10-16   40 North Latitude SPV-C LLC   Sell     10,631     21.05
03-11-16   40 North Latitude SPV-C LLC   Sell     4,458     21.30
03-11-16   40 North Latitude SPV-C LLC   Sell     45,542     21.30
03-11-16   40 North Latitude SPV-C LLC   Sell     17,830     21.19
03-11-16   40 North Latitude SPV-C LLC   Sell     182,170     21.19
03-11-16   40 North Latitude SPV-C LLC   Sell     21,528     21.61
03-11-16   40 North Latitude SPV-C LLC   Sell     219,964     21.61
03-14-16   40 North Latitude SPV-C LLC   Sell     40,000     20.86