| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EQC | Common Shares of Beneficial Interest | Options Exercise | +18,676 | +11% | 195,323 | 06 Feb 2024 | See footnote | F1, F2 | ||
| transaction | EQC | Common Shares of Beneficial Interest | Award | +18,787 | +9.6% | 214,110 | 06 Feb 2024 | See footnote | F1, F2 | ||
| transaction | EQC | Common Shares of Beneficial Interest | Tax liability | $407,185 | -21,567 | -10% | $18.88 | 192,543 | 06 Feb 2024 | See footnote | F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EQC | Restricted Share Units | Options Exercise | -18,676 | -100% | 0 | 06 Feb 2024 | Common Shares of Beneficial Interest | 18,676 | See footnote | F2, F4, F5 | |||
| transaction | EQC | Restricted Share Units | Award | +18,786 | 18,786 | 06 Feb 2024 | Common Shares of Beneficial Interest | 18,786 | See footnote | F2, F4, F6 |
| Id | Content |
|---|---|
| F1 | Each Common Share of Beneficial Interest of Equity Commonwealth ("Common Share") was received in exchange for one Restricted Share Unit ("RSU"), subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable restricted share unit agreement for the Reporting Person. Reflects Common Shares that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs and a portion of such RSUs vesting on the Transaction Date. |
| F2 | These shares/units, as applicable, are held by the Orrin S. Shifrin Revocable Trust, of which the Reporting Person is the trustee and a beneficiary. |
| F3 | Reflects Common Shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted Common Shares and RSUs. |
| F4 | Each RSU represents the right to receive one Common Share, subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable RSU agreement for the Reporting Person. |
| F5 | On February 7, 2023, the Reporting Person received 37,352 RSUs as a result of certain performance criteria being met with respect to previously granted RSUs, vesting in two equal installments on February 7, 2023 and in February of 2024, subject to the Reporting Person's continued employment with Equity Commonwealth through such date. |
| F6 | Reflects RSUs that were issued to the Reporting Person as a result of certain performance criteria being met with respect to previously granted RSUs. These RSUs will vest in February of 2025, subject to the Reporting Person's continued employment with Equity Commonwealth through such date. |