DeMarco Michael J. 4
4 · PENNSYLVANIA REAL ESTATE INVESTMENT TRUST · Filed Jun 7, 2022
Insider Transaction Report
Form 4
DeMarco Michael J.
Director
Transactions
- Award
Restricted Share Units
2022-06-03+261,477→ 261,477 totalExercise: $0.00→ Shares of Beneficial Interest (261,477 underlying)
Footnotes (3)
- [F1]The restricted share units ("RSUs") vest on June 3, 2023 (or if the Shares (as defined below) do not trade on that date, then as of the first trading date thereafter) ("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.