Company: CIO
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001193125-25-052437
Chunk: 52

Company: City Office REIT, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 52
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     |   |            $ |   437,578 |     |   |            $ |  37,527 |     |   |         $ | 1,358,605 |
|                                                      |     | 2023 |   -3 |    | $ | 400,000 |         |     | $ | 406,140 |         |     | $ |      497,140 |           |     | $ |       40,146 |         |     | $ | 1,343,426 |           |
|                                                      |     | 2022 |   -3 |    | $ | 350,000 |         |     | $ | 350,000 |         |     | $ |      694,783 |           |     | $ |       41,826 |         |     | $ | 1,436,609 |           |

| (1) | The amounts in the Stock Awards column represent the aggregate grant date fair values, computed in accordance with FASB ASC Topic 718, of restricted stock unit awards and Performance RSU Awards during the applicable fiscal year under the Company’s EIP. |

| (2) | Represents the grant date fair value of in-kind payments of additional Performance RSU Awards made in respect of the dividend equivalency rights issued at the time of grant. |

| (3) | The NEOs received an annual base salary pursuant to their respective Employment Agreements and also received grants of restricted stock units and Performance RSU Awards pursuant to the EIP. |

| (4) | During the fiscal year ended December 31, 2021, the Company closed the important strategic disposition of the Sorrento Mesa life science portfolio and related transactions, and the Compensation Committee awarded one-time special awards of cash bonuses and Restricted Stock Units to the NEOs in recognition of their extraordinary efforts in negotiating and executing the sale. The cash component of the one-time special awards was recognized in 2021, but because long-term equity incentive compensation is granted during the first quarter of each year relating to the prior year’s performance, the equity component of the one-time special awards was recognized in 2022. |

Grant of Plan-Based Awards The following table sets forth certain information regarding the grants of plan-based awards to our NEOs under the EIP during the fiscal year ended December 31, 2024.

| Name                   
 James Farrar           |     | Grant Date |            |     | All Other Stock          
 Awards:                  
 Number of Shares