Prescott Thomas R. 4
4 · Piedmont Office Realty Trust, Inc. · Filed Feb 22, 2022
Insider Transaction Report
Form 4
Prescott Thomas R.
EVP-Midwest Region
Transactions
- Exercise/Conversion
Common Stock
2022-02-19+1,639→ 82,317.091 total - Exercise/Conversion
Restricted Stock Units
2022-02-17−2,595→ 16,032 totalExercise: $0.00→ Common Stock (2,595 underlying) - Exercise/Conversion
Common Stock
2022-02-17+2,595→ 81,698.091 total - Tax Payment
Common Stock
2022-02-17$17.11/sh−1,020$17,452→ 80,678.091 total - Tax Payment
Common Stock
2022-02-19$17.02/sh−645$10,978→ 81,672.091 total - Exercise/Conversion
Restricted Stock Units
2022-02-19−1,639→ 14,393 totalExercise: $0.00→ Common Stock (1,639 underlying)
Footnotes (7)
- [F1]Represents the vesting of 25% of a grant issued on February 17, 2021 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 on February 17, 2022 reported above, 1,020 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
- [F4]Represents the vesting of 25% of a grant issued on February 19, 2020 of restricted stock units, which were settled in PDM common stock.
- [F5]In connection with the vesting on February 19, 2022 reported above, 645 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
- [F6]On February 17, 2021, the reporting person was granted 10,379 restricted stock units, vesting in four equal, annual installments beginning on the grant date.
- [F7]On February 19, 2020, the reporting person was granted 6,555 restricted stock units, vesting in four equal, annual installments beginning on the grant date.