Lang Barbara B 4
4 · Piedmont Office Realty Trust, Inc. · Filed May 12, 2021
Insider Transaction Report
Form 4
Lang Barbara B
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-05-11−6,540→ 0 totalExercise: $0.00→ Common Stock (6,540 underlying) - Exercise/Conversion
Common Stock
2021-05-11+6,540→ 21,499 total - Award
Restricted Stock Units
2021-05-11+5,011→ 5,011 totalExercise: $0.00→ Common Stock (5,011 underlying)
Footnotes (3)
- [F1]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.
- [F2]On May 13, 2020, the reporting person was granted 6,540 restricted stock units, which vested at the 2021 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc. on May 11, 2021, and were settled in PDM common stock.
- [F3]On May 11, 2021, at the 2021 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc., the reporting person was granted 5,011 restricted stock units, which will vest on the earlier of the 2022 Annual Meeting of Stockholders, or the anniversary of the grant date in May 2022.