0000842183-20-000109.txt : 20201029
0000842183-20-000109.hdr.sgml : 20201029
20201029162020
ACCESSION NUMBER: 0000842183-20-000109
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201027
FILED AS OF DATE: 20201029
DATE AS OF CHANGE: 20201029
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ohlberg Heather
CENTRAL INDEX KEY: 0001812427
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10093
FILM NUMBER: 201272929
MAIL ADDRESS:
STREET 1: 19 W 44TH STREET
STREET 2: SUITE 1002
CITY: NEW YORK
STATE: NY
ZIP: 10036
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: RPT Realty
CENTRAL INDEX KEY: 0000842183
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 136908486
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 19 W 44TH STREET
STREET 2: SUITE 1002
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 2122211261
MAIL ADDRESS:
STREET 1: 19 W 44TH STREET
STREET 2: SUITE 1002
CITY: NEW YORK
STATE: NY
ZIP: 10036
FORMER COMPANY:
FORMER CONFORMED NAME: RAMCO GERSHENSON PROPERTIES TRUST
DATE OF NAME CHANGE: 19960515
FORMER COMPANY:
FORMER CONFORMED NAME: RPS REALTY TRUST
DATE OF NAME CHANGE: 19920703
4
1
wf-form4_160400280197772.xml
FORM 4
X0306
4
2020-10-27
0
0000842183
RPT Realty
NYSE: RPT
0001812427
Ohlberg Heather
19 W 44TH STREET, SUITE 1002
NEW YORK
NY
10036
0
1
0
0
EVP General Counsel
Performance Restricted Share Units
2020-10-27
4
A
0
7500
0
A
Common Shares of Beneficial Interest
15000.0
7500
D
Represents performance-based restricted share units ("PSUs") granted as a performance award under the Issuer's 2019 Omnibus Long-Term Incentive Plan (the "Plan"). The vesting of the PSUs is based on the appreciation of the Issuer's common share price during the period from October 26, 2020 through December 31, 2024 and the reporting person's continued employment through the end of the performance period. None of the PSUs will vest unless the Issuer's common share price appreciates by at least 25% during the performance period, and the maximum number of PSUs (i.e., 200%) will only vest if the Issuer's common share price appreciates by at least 100% during the performance period.
Subject to continued employment, 50% of the PSUs will vest if the share price appreciates at least 25% but less than 50%, 100% of the PSUs will vest if the share price appreciates by at least 50% but less than 75%, 150% of the PSUs will vest if the share price appreciates by at least 75% but less than 100% and 200% of the PSUs will vest if the share price appreciates 100% or more during the performance period. Vested PSUs will be settled following the end of the performance period in common shares of beneficial interest of the Issuer, to the extent permitted under the Plan, or in cash equal in value to the common shares that otherwise would have been issued. These PSUs will expire and cease to exist following settlement. PSUs may be settled prior to the end of the performance period in connection with the termination of the reporting person's employment in certain circumstances to the extent the PSUs are then earned based on appreciation of the Issuer's common share price.
/s/ Mark Orlando, attorney-in-fact
2020-10-29