Pangburn Joseph H. 4/A
4/A · Piedmont Office Realty Trust, Inc. · Filed Nov 18, 2022
Insider Transaction Report
Form 4/AAmended
Pangburn Joseph H.
EVP- Southwest Region
Transactions
- Exercise/Conversion
Common Stock
2022-11-07+9,597→ 68,282 total - Award
Common Stock
2022-11-07+11,686→ 79,968 total - Tax Payment
Common Stock
2022-11-07$10.31/sh−5,187$53,478→ 74,781 total - Exercise/Conversion
Restricted Stock Units
2022-11-07−9,597→ 0 totalExercise: $0.00→ Common Stock (9,597 underlying)
Footnotes (4)
- [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]Shares were granted on a pro-rata basis without restriction pursuant to the performance share component of the Long Term Incentive Compensation plan for the 2020-2022,2021-2023, and 2022-2024 performance periods.
- [F3]In connection with the vesting of 21,283 shares of common stock on November 7, 2022, 5,187 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations. Such shares were not reflected in the original Form 4 filing on November 9, 2022, as the Company received tax election instructions from the reporting person subsequent to the due date of the original filing.
- [F4]Remaining outstanding restricted stock units vested on November 7, 2022.