Form 4 Vereit, Inc.

Statement of changes in beneficial ownership of securities

Published: 2019-01-22 16:34:33
Submitted: 2019-01-22
Period Ending In: 2019-01-17
wf-form4_154819285586841.html FORM 4


>

SEC FORM 4

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Goldberg Lauren

(Last) (First) (Middle)
C/O VEREIT, INC.
2325 E. CAMELBACK ROAD, SUITE 1100

(Street)
PHOENIX AZ 85016

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VEREIT, Inc. [ VER ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
01/17/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/17/2019 D 33,320(1) D $0 341,026 D
Common Stock 01/17/2019 F 8,726(2) D $7.74(3) 332,300 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents performance-based restricted stock units awarded to the Reporting Person on February 23, 2016 pursuant to the Issuer's Equity Plan. On January 17, 2019, the Issuer determined that the vesting criteria related to these performance-based restricted stock units had not been satisfied.
2. Reflects the product of the applicable withholding rate and the 21,098 performance-based restricted stock units that vested pursuant to the terms of the Reporting Person's performance-based restricted stock unit award agreement.
3. Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on January 17, 2019.
Remarks:
Executive Vice President, General Counsel and Secretary
/s/ Justin A. Shuler, by power of attorney 01/22/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
1
wf-form4_154819285586841.xml FORM 4
Schema Version:
X0306
Document Type:
4
Period Of Report:
2019-01-17
Not Subject To Section16:
0

Issuer

Issuer Cik
0001507385
Issuer Name
VEREIT, Inc.
Issuer Trading Symbol
VER

Reporting Owner

Reporting Owner Id

Rpt Owner Cik
0001643651
Rpt Owner Name
Goldberg Lauren

Reporting Owner Address

Rpt Owner Street1
C/O VEREIT, INC.
Rpt Owner Street2
2325 E. CAMELBACK ROAD, SUITE 1100
Rpt Owner City
PHOENIX
Rpt Owner State
AZ
Rpt Owner Zip Code
85016

Reporting Owner Relationship

Is Director
0
Is Officer
1
Is Ten Percent Owner
0
Is Other
0
Officer Title
See Remarks

Non Derivative Transaction

Security Title
Common Stock
Transaction Date
2019-01-17

Transaction Coding

Transaction Form Type
4
Transaction Code
D
Equity Swap Involved
0

Transaction Amounts

Transaction Shares

Value
33320
@attributes Id
F1
Transaction Price Per Share
0
Transaction Acquired Disposed Code
D
Shares Owned Following Transaction
341026
Direct Or Indirect Ownership
D
Security Title
Common Stock
Transaction Date
2019-01-17

Transaction Coding

Transaction Form Type
4
Transaction Code
F
Equity Swap Involved
0

Transaction Amounts

Transaction Shares

Value
8726
@attributes Id
F2

Transaction Price Per Share

Value
7.74
@attributes Id
F3
Transaction Acquired Disposed Code
D
Shares Owned Following Transaction
332300
Direct Or Indirect Ownership
D

Footnote

0
Represents performance-based restricted stock units awarded to the Reporting Person on February 23, 2016 pursuant to the Issuer's Equity Plan. On January 17, 2019, the Issuer determined that the vesting criteria related to these performance-based restricted stock units had not been satisfied.
1
Reflects the product of the applicable withholding rate and the 21,098 performance-based restricted stock units that vested pursuant to the terms of the Reporting Person's performance-based restricted stock unit award agreement.
2
Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on January 17, 2019.
Remarks:
Executive Vice President, General Counsel and Secretary

Owner Signature

Signature Name
/s/ Justin A. Shuler, by power of attorney
Signature Date
2019-01-22
Additional Files
FileSequenceDescriptionTypeSize
0001507385-19-000015.txt   Complete submission text file   6816
$VER

© 2019 SEC.report
SEC CFR Title 17 of the Code of Federal Regulations.