# EDGAR Filing Document

**Accession Number:** 0001593222
**File Stem:** 0001209191-23-005092
**Filing Date:** 2023-1
**Character Count:** 9693
**Document Hash:** 19380b9503267a726aa2e64d60dd68ab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001209191-23-005092.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001209191-23-005092

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230124

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Maretic Anthony
- **CENTRAL INDEX KEY:** 0001605306

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36409
- **FILM NUMBER:** 23558694

**MAIL ADDRESS:**
- **STREET 1:** 1075 WEST GEORGIA STREET, SUITE 2600
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6E 3C9
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** City Office REIT, Inc.
- **CENTRAL INDEX KEY:** 0001593222
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **IRS NUMBER:** 981141883
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** SUITE 3210 - 666 BURRARD STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6C 2X8
- **BUSINESS PHONE:** 1-604-806-3353

**MAIL ADDRESS:**
- **STREET 1:** SUITE 3210 - 666 BURRARD STREET
- **CITY:** VANCOUVER
- **STATE:** A1
- **ZIP:** V6C 2X8

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Maretic Anthony<br><sub>(Last) (First) (Middle)</sub><br>666 BURRARD STREET, SUITE 3210<br><sub>(Street)</sub><br>VANCOUVER, A1 V6C 2X8<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-01-24 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Financial Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>City Office REIT, Inc. [ CIO ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-01-25 |  | M |  | 31544<sup>(1)</sup> | A | <sup>(2)</sup> | 186028 | D |  |
| Common Stock | 2023-01-25 |  | F |  | 15772 | D | <sup>(2)</sup> | 170256 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(3)</sup> | 2023-01-24 |  | A |  | 995 |  | <sup>(4)</sup> | <sup>(4)</sup> | Common Stock | 995<sup>(5)</sup> | <sup>(3)</sup> | 45913 | D |  |
| Restricted Stock Units | <sup>(3)</sup> | 2023-01-24 |  | A |  | 20822 |  | <sup>(6)</sup> | <sup>(6)</sup> | Common Stock | 20822<sup>(5)</sup> | <sup>(3)</sup> | 66735 | D |  |
| Performance Restricted Stock Units | <sup>(7)</sup> | 2023-01-24 |  | A |  | 31234 |  | <sup>(8)</sup> | <sup>(8)</sup> | Common Stock | 31234<sup>(5)(8)</sup> | <sup>(2)</sup> | 83734 | D |  |
| Performance Restricted Stock Units | <sup>(7)</sup> | 2023-01-25 |  | M |  |  | 31544<sup>(1)</sup> | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 31544<sup>(1)</sup> | <sup>(1)</sup> | 66234 | D |  |

---

### Footnotes:

(1) As previously reported, on January 27, 2020, the reporting person was granted 17,500 PSUs (the "Target PSUs"), and, depending on the level ofachievement of certain performance goals during the three-year performance period ending December 31, 2022 (the "Measurement Period"), theactual number of PSUs earned could range from 50% to 150% of the Target PSUs. On January 25, 2023, 31,544 PSUs vested based on theachievement of certain performance goals during the Measurement Period. On January 25, 2023, the Compensation Committee of the Board of
Directors of the Issuer certified the Reporting Person's achievement relative to the applicable performance objectives during the Measurement Period andapproved the vesting of the PSUs with respect to these shares. Dividend equivalent units accrued with respect to these PSUs when and asdividends were paid on the Issuer's Common Stock. The number of derivative securities in column 5 includes 3,529 vested dividend equivalent units.

(2) In accordance with the Company's Equity Incentive Plan (the "Equity Incentive Plan"), Performance Restricted Stock Units (as defined in the Equity Incentive Plan) convert into common stock on a one-for-one basis.

(3) In accordance with the Company's Equity Incentive Plan (the "Equity Incentive Plan"), Restricted Stock Units (as defined in the Equity Incentive Plan) convert into common stock on a one-for-one basis.

(4) The units represent Restricted Stock Units issuable to the reporting person as a dividend equivalency payment with respect to Restricted Stock Units previously issued to the reporting person which vest in three substantially equal installments on each of the first three annual anniversaries of the initial grant date, generally subject to the reporting person's continued service through each applicable vesting date.  The Restricted Stock Units reported herein shall vest on the same date and under the same terms as the underlying Restricted Stock Units with respect of which these dividend equivalency units vest.

(5) Vested shares will be delivered to the reporting person promptly upon vesting of the related restricted stock units.

(6) In accordance with the Equity Incentive Plan, the Restricted Stock Units (and related dividend equivalent rights) shall vest in three substantially equal installments on each of the first three annual anniversaries of their initial grant date, generally subject to the grantee's continued employment through each applicable vesting date.

(7) Each Performance Restricted Stock Unit ("PSU") represents a contingent right to receive shares of the Issuer's Common Stock.

(8) On January 24, 2023, the reporting person was granted 31,234 Performance Restricted Stock Units.  Pursuant to the terms of the award agreement governing the Performance Restricted Stock Units, the number of underlying shares of the Company's common stock that the reporting person may ultimately become entitled to receive at the time of vesting will range from 50% to 150% of the number of Performance Restricted Stock Units initially granted, subject to certain relative total stockholder return conditions being met during the measurement period that begins on January 1, 2023 and ends on December 31, 2025.  Dividend equivalent rights were granted in the applicable award agreement and accrue with respect to these Performance Restricted Stock Units when and as dividends are paid on the Company's common stock.

**Signature:** /s/ Anthony Maretic  
**Date:** 2023-01-26

### Remarks:

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.**