Prescott Thomas R. 4
4 · Piedmont Office Realty Trust, Inc. · Filed Dec 9, 2022
Insider Transaction Report
Form 4
Prescott Thomas R.
EVP-Midwest Region
Transactions
- Award
Common Stock
2022-12-07+15,616→ 114,535.899 total - Exercise/Conversion
Common Stock
2022-12-07+14,393→ 98,919.899 total - Tax Payment
Common Stock
2022-12-07$9.04/sh−9,696$87,652→ 104,839.899 total - Exercise/Conversion
Restricted Stock Units
2022-12-07−14,393→ 0 totalExercise: $0.00→ Common Stock (14,393 underlying)
Footnotes (5)
- [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]The balance includes shares obtained through Piedmont's dividend reinvestment plan during the period in which the shares where obtained.
- [F3]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.
- [F4]In connection with the vesting of 30,009 shares of common stock on December 7, 2022, 9,696 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations.
- [F5]Remaining outstanding restricted stock units vested on December 7, 2022.