Company: CIO
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001193125-25-052437
Chunk: 54

Company: City Office REIT, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 54
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standing Equity Awards at Fiscal Year-End2024 The following table sets forth certain information regarding the outstanding equity awards to our NEOs at December 31, 2024.

| Name            |     | Number of Shares  
 or Units of Stock 
 that Have Not     
 Vested (#)        |         |    |     | Market Value of     
 Shares or Units of  
 Stock that Have Not 
 Vested ($)(1)       |           |
|:----------------|:----|:------------------|--------:|---:|:----|:--------------------|----------:|
| James Farrar    |     |                   | 369,738 | -2 |     | $                   | 2,040,954 |
| Gregory Tylee   |     |                   | 369,738 | -2 |     | $                   | 2,040,954 |
| Anthony Maretic |     |                   | 149,848 | -3 |     | $                   |   827,161 |

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| (1) | Pursuant to SEC rules, for purposes of this table the market value of unvested restricted stock units is assumed to be $5.52, the closing market price per share of the Company’s common stock at the end of the last completed fiscal year, December 31, 2024. |

| (2) | Included in this number are restricted stock units granted on the dates and in the amounts listed below. The market value of the amount to be earned upon vesting is based on the closing price of our common stock on the NYSE on December 31, 2024, which was $5.52 per share, and restricted stock units and Performance RSU Awards that have not vested, including dividend equivalents thereon, in the amounts of: (i) 68,447 restricted stock units granted on January 25, 2022; (ii) 113,797 restricted stock units granted on January 24, 2023; and (iii) 187,494 restricted stock units granted on January 24, 2024. Excludes dividend equivalency rights reflected as in-kind payments of additional Performance RSU Awards upon each regular common stock dividend payment. During the year ended December 31, 2024, Messrs. Farrar and Tylee were each issued 17,197 in-kind awards in respect of the dividend equivalency rights with a grant date fair value of $91,017. |

| (3) | Included in