0001144204-14-001746.txt : 20140110
0001144204-14-001746.hdr.sgml : 20140110
20140110185656
ACCESSION NUMBER: 0001144204-14-001746
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140108
FILED AS OF DATE: 20140110
DATE AS OF CHANGE: 20140110
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: American Realty Capital Properties, Inc.
CENTRAL INDEX KEY: 0001507385
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 405 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-415-6500
MAIL ADDRESS:
STREET 1: 405 PARK AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10022
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KAY DAVID S
CENTRAL INDEX KEY: 0001212925
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35263
FILM NUMBER: 14522911
MAIL ADDRESS:
STREET 1: 8270 GREENSBORO DR STE 950
CITY: MCLEAN
STATE: VA
ZIP: 22102
4
1
v365185_form4.xml
OWNERSHIP DOCUMENT
X0306
4
2014-01-08
0
0001507385
American Realty Capital Properties, Inc.
ARCP
0001212925
KAY DAVID S
405 PARK AVENUE
NEW YORK
NY
10022
0
1
0
0
President
LTIPs
0
2014-01-08
4
J
0
877118
A
Common Stock
877118
877118
D
American Realty Capital Properties, Inc. ("ARCP") entered into a Multi-Year Outperformance Agreement with the reporting person. Under the plan, the reporting person will be eligible to earn performance-based bonus awards in the form of LTIP Units equal to his participation percentage of a pool that will be funded up to a maximum award opportunity. Subject to the reporting person's continued service through each vesting date, LTIP Units will vest 1/3 on each of January 8, 2017, January 8, 2018 and January 8, 2019.
Operating Partnership Units ("OP Units") are exchangeable for cash or, at the option of ARCP's operating partnership, shares of ARCP's common stock on a one-to-one basis. OP Units are exchangeable, except under certain limited circumstances, beginning one year from the date of issuance, which includes the holding period of any units that were converted into OP Units (e.g., LTIP Units) and have no expiration date.
/s/ David S. Kay
2014-01-10