4//SEC Filing
Guilbert Edward H III 4
Accession 0001042776-23-000037
CIK 0001042776other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:00 PM ET
Size
16.1 KB
Accession
0001042776-23-000037
Insider Transaction Report
Form 4
Guilbert Edward H III
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 totalExercise: $0.00→ Common Stock (2,374 underlying) - Award
Restricted Stock Units
2023-02-13+14,787→ 25,917 totalExercise: $0.00→ Common Stock (14,787 underlying) - Exercise/Conversion
Restricted Stock Units
2023-02-13−3,697→ 22,220 totalExercise: $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
Issuer
Piedmont Office Realty Trust, Inc.
CIK 0001042776
Entity typeother
Related Parties
1- filerCIK 0001777604
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 5:00 PM ET
- Size
- 16.1 KB