David R. Lukes - 22 Feb 2025 Form 4 Insider Report for Curbline Properties Corp. (CURB)

Role
President & CEO, Director
Signature
/s/ Tammy Battler, Attorney-In-Fact
Issuer symbol
CURB
Transactions as of
22 Feb 2025
Transactions value $
-$512,875
Form type
4
Filing time
25 Feb 2025, 16:15:07 UTC
Previous filing
12 Dec 2024
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURB Common Stock Tax liability -$513K -21.1K -1.85% $24.36 1.12M 22 Feb 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CURB LTIP Units 32.4K 22 Feb 2025 Common Stock 32.4K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a class of limited partnership units in Curbline Properties LP ("LTIP Units"). Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes and vesting, each LTIP Unit may be converted into a common unit in Curbline Properties LP (a "Common Unit"). Each Common Unit acquired upon conversion of an LTIP Unit may be redeemed for one share of Issuer common stock or cash, at the election of the Issuer. The right to convert LTIP Units into Common Units and to redeem Common Units for cash or shares of Issuer common stock do not have expiration dates.
F2 Represents LTIP Units that generally vest over three years.