0001567619-22-014811.txt : 20220802
0001567619-22-014811.hdr.sgml : 20220802
20220802170827
ACCESSION NUMBER: 0001567619-22-014811
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220731
FILED AS OF DATE: 20220802
DATE AS OF CHANGE: 20220802
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Otto-Bernstein Katharina
CENTRAL INDEX KEY: 0001463104
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36746
FILM NUMBER: 221129767
MAIL ADDRESS:
STREET 1: C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H.
STREET 2: WANDSBEKER STR. 3-7
CITY: HAMBURG
STATE: 2M
ZIP: 22179
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Paramount Group, Inc.
CENTRAL INDEX KEY: 0001605607
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 320439307
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1633 BROADWAY, SUITE 1801
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 212-237-3100
MAIL ADDRESS:
STREET 1: 1633 BROADWAY, SUITE 1801
CITY: NEW YORK
STATE: NY
ZIP: 10019
4
1
doc1.xml
FORM 4
X0306
4
2022-07-31
0
0001605607
Paramount Group, Inc.
PGRE
0001463104
Otto-Bernstein Katharina
C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H.
SASELER DAMM 39A
HAMBURG
2M
22395
GERMANY
1
0
1
0
Partnership Units
2022-07-31
4
J
0
29937
7.85
A
Common Stock
29937
48986
I
By ParkProperty Capital, LP
Partnership Units
2022-07-31
4
J
0
48986
7.85
D
Common Stock
48986
0
I
By ParkProperty Capital, LP
Partnership Units
2022-07-31
4
J
0
145753
7.85
A
Common Stock
224933
224933
D
Represents common units of limited partnership interest ("OP Units") in Paramount Group Operating Partnership LP (the "Operating Partnership"). Each OP Unit is redeemable for cash equal to the fair market value of one share of common stock of Paramount Group, Inc. (the "Issuer"), except that the Issuer may, at its election, acquire each OP Unit so presented for one share of common stock of the Issuer. These redemption rights have no expiration date.
On July 31, 2022, ParkProperty Capital, LP (formerly CNBB-RDF Holdings, LP), a limited partnership in which the reporting person has direct and indirect ownership interests ("PPC"), acquired 89,074 OP Units in the Operating Partnership in private transactions from certain individuals, which transactions valued such units at $7.85 per unit, in satisfaction of amounts due under promissory notes previously entered into by such individuals in favor of PPC.
On July 31, 2022, following the transactions described in footnote (2), the reporting person acquired 145,753 OP Units from PPC in a private transaction.
Includes 39,482 OP Units previously acquired by the reporting person upon the automatic conversion of LTIP Units in the Operating Partnership that had been previously granted to the reporting person by the Operating Partnership. Excludes 39,800 LTIP Units in the Operating Partnership currently owned by the reporting person.
/s/ Thomas Finne, KG CURA Vermogensverwaltung, G.m.b.H & Co., by power of attorney, By: Thomas Finne, For: Katharina Otto-Bernstein
2022-08-02