4//SEC Filing
Swope Jeffrey L. 4
Accession 0001042776-20-000142
CIK 0001042776other
Filed
May 13, 8:00 PM ET
Accepted
May 14, 2:25 PM ET
Size
9.9 KB
Accession
0001042776-20-000142
Insider Transaction Report
Form 4
Swope Jeffrey L.
Director
Transactions
- Purchase
Common Stock
2020-05-13$13.96/sh+7,185$100,303→ 49,917.977 total(indirect: By Partnership) - Tax Payment
Common Stock
2020-05-13$13.76/sh−953$13,113→ 38,495.813 total - Award
Restricted Stock Units
2020-05-13+6,540→ 6,540 totalExercise: $0.00→ Common Stock (6,540 underlying)
Footnotes (5)
- [F1]In connection with the vesting of 4,329 shares of deferred stock on May 13, 2020, (representing 100% of a grant made at the 2019 Annual Meeting of Stockholders on May 15, 2019), 953 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations.
- [F2]The balance includes shares obtained through the dividend reinvestment plan of Piedmont Office Realty Trust Inc. ("Piedmont") during the period in which the shares where obtained.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.95 to $13.97, inclusive. The reporting person undertakes to provide to Piedmont, any security holder of Piedmont, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
- [F4]Each restricted stock unit represents a contingent right to receive one share of PDM common stock. Restricted stock units may be settled in cash or common stock at PDM's election.
- [F5]On May 13, 2020, at the 2020 Annual Meeting of Stockholders of Piedmont, the reporting person was granted 6,540 restricted stock units, which will vest on the earlier of the 2021 Annual Meeting of Stockholders, or the anniversary of the grant date in May 2021.
Documents
Issuer
Piedmont Office Realty Trust, Inc.
CIK 0001042776
Entity typeother
Related Parties
1- filerCIK 0001447913
Filing Metadata
- Form type
- 4
- Filed
- May 13, 8:00 PM ET
- Accepted
- May 14, 2:25 PM ET
- Size
- 9.9 KB