June 18, 2024 · Form 4 insider transaction
EDELMAN MARTIN L bought 6,218 shares of Equity Commonwealth at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Each LTIP Unit converts automatically into one share of beneficial interest, designated as a unit (an "OP Unit") in EQC Operating Trust when the LTIP Unit becomes vested and upon equalization of its capital account with the per-unit capital account of the OP Units. OP Units are redeemable for cash or, at the option of Equity Commonwealth, exchangeable for common shares of Equity Commonwealth on a one-for-one basis.; Represents LTIP Units issued pursuant to the applicable Equity Commonwealth equity compensation plan. The LTIP Units will vest on 6/18/2025.