0000950170-24-009481.txt : 20240131 0000950170-24-009481.hdr.sgml : 20240131 20240131170334 ACCESSION NUMBER: 0000950170-24-009481 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240130 FILED AS OF DATE: 20240131 DATE AS OF CHANGE: 20240131 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Johnson Gage R. CENTRAL INDEX KEY: 0001623481 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36746 FILM NUMBER: 24583821 MAIL ADDRESS: STREET 1: PARAMOUNT GROUP, INC. STREET 2: 1633 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10018 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Paramount Group, Inc. CENTRAL INDEX KEY: 0001605607 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction 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 ownership.xml 4 X0508 4 2024-01-30 0001605607 Paramount Group, Inc. PGRE 0001623481 Johnson Gage R. C/O PARAMOUNT GROUP, INC. 1633 BROADWAY, SUITE 1801 NEW YORK NY 10019 false true false false SVP, GC and Secretary false LTIP Units 2024-01-30 4 A false 16523 0.00 A Common Stock 16523 16523 D LTIP Units earned upon the achievement of the performance hurdles pursuant to the 2021 Performance Program. Of the 16,523 LTIP Units earned, 8,261 LTIP Units vested on January 30, 2024 and the remaining 8,262 LTIP Units will vest on December 31, 2024. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each vested LTIP Unit will be converted automatically into a common unit of limited partnership interest ("OP Unit") in Paramount Group Operating Partnership LP (the "Partnership"). Each OP Unit acquired upon conversion of a vested LTIP Unit may be presented for redemption, at the election of the holder, for cash equal to the then fair market value of one share of the Issuer's common stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of common stock. Such OP Units are generally not redeemable without the consent of the Issuer until two years from the date of the grant. The conversion feature of vested LTIP Units and the redemption rights for OP Units do not have expiration dates. /s/ Gage Johnson 2024-01-31