SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 5, 2016
Paramount Group, Inc.
(Exact Name of Registrant as Specified in Charter)
(State or Other Jurisdiction
1633 Broadway, Suite 1801
New York, New York
|(Address of Principal Executive offices)||(Zip Code)|
Registrants telephone number, including area code: (212) 237-3100
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2.):
|¨||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|¨||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|¨||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|¨||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
Item 2.02 Results of Operations and Financial Condition.
On May 5, 2016, Paramount Group, Inc. (the Company) issued a press release announcing its financial results for the first quarter ended March 31, 2016. A copy of that press release as well as the supplemental information referred to in the press release is available on the Companys website and are attached hereto as Exhibits 99.1 and 99.2 and incorporated herein by reference. This Item 2.02 and the attached Exhibits 99.1 and 99.2 are being furnished and shall not be deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.
The Company will host a webcast and conference call at 10:00 a.m. Eastern Time on Friday, May 6, 2016, to discuss first quarter 2016 results. The number to call is 1-877-407-0789 (domestic) and 1-201-689-8562 (international). A live webcast will be available in the Investors section of the Companys website. A replay of the conference call will be archived on the Companys website and will be available through May 13, 2016, by dialing 1-877-870-5176 (domestic) and 1-858-384-5517 (international) and entering the passcode 13634693.
In the press release referred to above, the Company discloses that the non-GAAP financial measure of Core Funds From Operations (Core FFO) attributable to common stockholders was $49.0 million, or $0.23 per diluted share, for the quarter ended March 31, 2016. Net loss attributable to common stockholders, which is the most directly comparable GAAP financial measure, was $6.5 million, or $0.03 per diluted share, for the quarter ended March 31, 2016.
Item 9.01 Financial Statements and Exhibits.
|99.1||Press release dated May 5, 2016 and entitled Paramount Announces First Quarter 2016 Results|
|99.2||Supplemental information entitled Paramount Group, Inc. Supplemental Operating and Financial Data for the Quarter Ended March 31, 2016|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|PARAMOUNT GROUP, INC.|
|By:||/s/ Wilbur Paes|
|Title:||Executive Vice President, Chief Financial Officer and Treasurer|
Date: May 5, 2016