DeMarco Michael J. 4
4 · PENNSYLVANIA REAL ESTATE INVESTMENT TRUST · Filed Jun 2, 2021
Insider Transaction Report
Form 4
DeMarco Michael J.
Director
Transactions
- Award
Restricted Share Units
2021-05-28+61,845→ 61,845 totalExercise: $0.00→ Shares of Beneficial Interest (61,845 underlying)
Footnotes (3)
- [F1]The restricted share units ("RSUs") vest on May 28, 2022 ("Vesting Date").
- [F2]Each RSU represents a contingent right to receive one share of Beneficial Interest, par value $1.00 per share (a "Share"), of the issuer on the Vesting Date. The RSUs may be settled in Shares or in cash in the discretion of the issuer's Compensation Committee.
- [F3]Grant of RSUs for no consideration.