4//SEC Filing
Ventresca Mario C. Jr. 4
Accession 0000899243-22-005969
CIK 0000077281other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 7:31 PM ET
Size
7.2 KB
Accession
0000899243-22-005969
Insider Transaction Report
Form 4
Ventresca Mario C. Jr.
EVP - Operations
Transactions
- Award
Shares of Beneficial Interest, par value $1.00 per share
2022-02-09+74,950→ 234,651 total - Tax Payment
Shares of Beneficial Interest, par value $1.00 per share
2022-02-09$0.88/sh−37,475$33,154→ 197,176 total
Footnotes (2)
- [F1]Represents the number of performance-contingent outperformance units, or OPUs, determined by the Issuer's Compensation Committee to have been earned as a result of the Issuer's achievement of certain specified operating outperformance metrics over a three-year measurement period from 2019 through 2021. The OPUs represent the right to receive Shares of Beneficial Interest, and as a result, the same number of shares of Beneficial Interest are issued. Of this total number of shares, 50% are immediately vested upon issuance, and the remaining 50% are restricted and vest in equal installments on December 31, 2022 and December 31, 2023.
- [F2]Includes 46,073 shares held pursuant to an employee share purchase plan.
Documents
Issuer
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST
CIK 0000077281
Entity typeother
Related Parties
1- filerCIK 0001637112
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 7:31 PM ET
- Size
- 7.2 KB