Guilbert Edward H III 4

4 · Piedmont Office Realty Trust, Inc. · Filed Feb 14, 2023

Form 4

Period: 2023-02-10

EVP - Finance & Treasurer

Transactions

Tax Payment
Common Stock
2023-02-10$10.40/sh−1,024$10,650→ 67,211 total
Exercise/Conversion
Common Stock
2023-02-13+3,697→ 70,908 total
Tax Payment
Common Stock
2023-02-13$10.55/sh−1,594$16,817→ 69,314 total
Exercise/Conversion
Common Stock
2023-02-10+2,374→ 68,235 total
Exercise/Conversion
Restricted Stock Units
2023-02-10−2,374→ 11,130 total
Exercise: $0.00→ Common Stock (2,374 underlying)
Award
Restricted Stock Units
2023-02-13+14,787→ 25,917 total
Exercise: $0.00→ Common Stock (14,787 underlying)
Exercise/Conversion
Restricted Stock Units
2023-02-13−3,697→ 22,220 total
Exercise: $0.00→ Common Stock (3,697 underlying)

Footnotes (3)

[F1]On February 10, 2022, the reporting person was granted 9,496 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 10, 2023, 25% of the grant vested (2,374 shares), and were settled in PDM common stock. In connection with this vesting, 1,024 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
[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]On February 13, 2023, the reporting person was granted 14,787 restricted stock units, vesting in four equal, annual installments beginning on the grant date. As such, 25% of the grant vested (3,697 shares) on February 13, 2023, and were settled in PDM common stock. In connection with this vesting, 1,594 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.

Documents

1 file