Company: CIO
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001193125-25-052437
Chunk: 67

Company: City Office REIT, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 67
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 are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in same applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows: |

| Year 
 2024 |     | Year End       
 Fair Value     
 of Outstanding 
 and Unvested   
 Equity         
 Awards         
 Granted in the 
 Year           | 1,069,522 |     | Year over Year   
 Change in        
 Fair             
 Value of         
 Outstanding      
 and Unvested     
 Equity Awards    
 Granted in Prior 
 Years            |   (103,831 | ) |     | Fair Value as of 
 Vesting Date of  
 Equity Awards    
 Granted and      
 Vested in the    
 Year             | 135,653 |     | Year over      
 Year Change    
 in Fair Value  
 of Equity      
 Awards         
 Granted in     
 Prior Years    
 that Vested in 
 the Year       |  (55,534 | ) |     | Fair Value at 
 the End of    
 the Prior     
 Year of       
 Equity        
 Awards that   
 Failed to     
 Meet Vesting  
 Conditions    
 in the Year   | — |     | Value of   
 Dividends  
 or other   
 Earnings   
 Paid on    
 Stock or   
 Option     
 Awards not 
 Otherwise  
 Reflected  
 in Fair    
 Value      | — |     | Total       
 Equity      
 Award       
 Adjustments | 1,045,