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SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Gronning Jeffrey K.

(Last) (First) (Middle)
315 PARK AVENUE SOUTH

(Street)
NEW YORK NY 10010

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/07/2020
3. Issuer Name and Ticker or Trading Symbol
COLUMBIA PROPERTY TRUST, INC. [ CXP ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Investment Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 16,234(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible, Perpetual Preferred OP Unit(2) (2) (3) Series A Convertible, Perpetual Preferred OP Unit 733,994 $26.5 D
Explanation of Responses:
1. Balance of 16,234 shares has not yet vested.
2. Represents Series A Convertible, Perpetual Preferred Unit of limited partnership interest ("Preferred OP Units") in Columbia Property Trust Operating Partnership ("Columbia OP") issued in connection with the January 24, 2020 closing on the purchase of certain ownership interests in assets held by Normandy Real Estate Management, LLC. The Preferred OP Units vest over three years, with 65% vesting at closing, 15% vesting on the first anniversary of closing, 10% on the second anniversary of closing, 10% vesting on the third closing, subject in each case to the holder being employed by the company or Columbia OP. The Preferred OP units may be converted into common units of limited partnership interest in Columbia OP ("Common Units"), and the Common Units may be exchanged for shares of common stock, par value $0.01 per share, of Columbia Property Trust, Inc.
3. The Preferred OP Units do not have an expiration date.
Remarks:
/s/ Wendy W. Gill, Attorney-in-Fact 02/11/2020
** Signature of Reporting Person Date
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 5 (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.
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