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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Equity Commonwealth | NYSE:EQC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.025 | 0.13% | 19.015 | 19.025 | 18.90 | 18.93 | 324,946 | 20:39:15 |
1-9317
|
04-6558834
|
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
Two North Riverside Plaza,
Suite 2100, Chicago, IL
|
60606
|
|
(Address of Principal Executive Offices)
|
(Zip Code)
|
☐
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
☐
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Exchange Act:
|
||||
Title Of Each Class | Trading Symbol | Name of Each Exchange On Which Registered | ||
Common Shares of Beneficial Interest
|
EQC
|
New York Stock Exchange
|
||
6.50% Series D Cumulative Convertible Preferred Shares of Beneficial Interest
|
EQCpD
|
New York Stock Exchange
|
Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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|
● |
$101,139, for his pro rata cash bonus for service in 2021, calculated as follows: his 2020 annual cash bonus award of $410,176 (the “2020 Annual
Cash Bonus Award”), multiplied by a fraction, the numerator of which is the number of days in 2021 through the Separation Date and the denominator of which is 365;
|
|
● |
An amount equal to three (3) times the sum of (x) Mr. Markman’s current annual base salary of $566,500, and (y) $585,955, which is the average of the 2020 Annual Cash Bonus Award and his 2019
annual cash bonus award of $761,733; and
|
|
● |
$50,880, which amount is equal to (x) twenty-four (24) multiplied by (y) the employer’s portion of the monthly premium in effect on the Separation Date for family coverage under the Company’s group
health plan.
|
Item 7.01. |
Regulation FD Disclosure.
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Item 9.01. |
Financial Statements and Exhibits.
|
Exhibit No.
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Description
|
|
Press Release issued by Equity Commonwealth dated March 1, 2021, announcing the departure of Adam S. Markman as Executive Vice President, Chief Financial Officer and Treasurer,
effective March 31, 2021 and the naming of William H. Griffiths as Senior Vice President, Chief Financial Officer and Treasurer, effective April 1, 2021; and decisions of Edward A. Glickman, James L. Lozier, Jr., and Kenneth Shea to not
stand for re-election to the Board of Trustees.
|
||
104
|
The cover page from this Current Report on form 8-K, formatted in Inline XBRL.
|
EQUITY COMMONWEALTH
|
||
By:
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/s/ Orrin S. Shifrin
|
|
Name:
|
Orrin S. Shifrin
|
|
Title:
|
Executive Vice President, General Counsel and Secretary
|
|
Date: March 1, 2021
|
1 Year Equity Commonwealth Chart |
1 Month Equity Commonwealth Chart |
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