Jason E. Fox - 23 Jan 2024 Form 4 Insider Report for W. P. Carey Inc. (WPC)

Signature
/s/ Taylor Upchurch, Attorney-in-fact
Issuer symbol
WPC
Transactions as of
23 Jan 2024
Net transactions value
$0
Form type
4
Filing time
25 Jan 2024, 16:15:24 UTC
Previous filing
23 Jan 2024
Next filing
08 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WPC Common Stock Award $0 +43,037 +5.4% $0.000000 838,609 23 Jan 2024 Direct F1, F2
holding WPC Common Stock 1,140 23 Jan 2024 by son F3
holding WPC Common Stock 83 23 Jan 2024 by daughter F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted share units ("RSUs") granted under the Issuer's Long Term Incentive Plan. These RSUs are scheduled to vest in three equal annual installments beginning on February 15, 2025, and ending on February 15, 2027, and are convertible on a one-for-one basis into shares of the Issuer's Common Stock.
F2 Reflects the adjustment to the number of shares of common stock underlying previously granted RSUs. The adjustment was made to maintain the economic value of the shares of underlying the RSUs following the Issuer's spin-off of Net Lease Office Properties on November 1, 2023 (the "Spin-off"). These previously granted RSUs have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-off.
F3 Includes 68.5487 shares previously acquired under a dividend reinvestment program.
F4 Includes 4.9958 shares previously acquired under a dividend reinvestment program.