4//SEC Filing
Valente Alex 4
Accession 0001042776-23-000040
CIK 0001042776other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 5:07 PM ET
Size
16.1 KB
Accession
0001042776-23-000040
Insider Transaction Report
Form 4
Valente Alex
EVP- Southeast Region
Transactions
- Exercise/Conversion
Common Stock
2023-02-10+2,596→ 30,911 total - Tax Payment
Common Stock
2023-02-10$10.40/sh−1,119$11,638→ 29,792 total - Exercise/Conversion
Common Stock
2023-02-13+5,391→ 35,183 total - Tax Payment
Common Stock
2023-02-13$10.55/sh−2,324$24,518→ 32,859 total - Exercise/Conversion
Restricted Stock Units
2023-02-10−2,596→ 9,656 totalExercise: $0.00→ Common Stock (2,596 underlying) - Award
Restricted Stock Units
2023-02-13+21,564→ 31,220 totalExercise: $0.00→ Common Stock (21,564 underlying) - Exercise/Conversion
Restricted Stock Units
2023-02-13−5,391→ 25,829 totalExercise: $0.00→ Common Stock (5,391 underlying)
Footnotes (3)
- [F1]On February 10, 2022, the reporting person was granted 10,386 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 10, 2023, 25% of the grant vested (2,596 shares), and were settled in PDM common stock. In connection with this vesting, 1,119 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 21,564 restricted stock units, vesting in four equal, annual installments beginning on the grant date. As such, 25% of the grant vested (5,391 shares) on February 13, 2023, and were settled in PDM common stock. In connection with this vesting, 2,324 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 0001784602
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 5:07 PM ET
- Size
- 16.1 KB