Prescott Thomas R. 4
4 · Piedmont Office Realty Trust, Inc. · Filed Feb 14, 2022
Insider Transaction Report
Form 4
Prescott Thomas R.
EVP-Midwest Region
Transactions
- Exercise/Conversion
Common Stock
2022-02-10+2,523→ 80,095.091 total - Tax Payment
Common Stock
2022-02-10$16.85/sh−992$16,715→ 79,103.091 total - Award
Restricted Stock Units
2022-02-10+10,089→ 21,150 totalExercise: $0.00→ Common Stock (10,089 underlying) - Exercise/Conversion
Restricted Stock Units
2022-02-10−2,523→ 18,627 totalExercise: $0.00→ Common Stock (2,523 underlying)
Footnotes (4)
- [F1]Represents the vesting of 25% of an initial grant on February 10, 2022 of restricted stock units, which were settled in PDM common stock.
- [F2]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.
- [F3]In connection with the vesting reported above, 992 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
- [F4]On February 10, 2022, the reporting person was granted 10,089 restricted stock units, vesting in four equal, annual installments beginning on the grant date.