4//SEC Filing
Bowers Robert E 4
Accession 0001042776-23-000052
CIK 0001042776other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 4:38 PM ET
Size
14.0 KB
Accession
0001042776-23-000052
Insider Transaction Report
Form 4
Bowers Robert E
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2023-02-17+7,289→ 342,194 total - Tax Payment
Common Stock
2023-02-17$10.04/sh−3,507$35,210→ 338,687 total - Exercise/Conversion
Common Stock
2023-02-19+4,660→ 343,347 total - Tax Payment
Common Stock
2023-02-19$10.04/sh−2,242$22,510→ 341,105 total - Exercise/Conversion
Restricted Stock Units
2023-02-17−7,289→ 66,514 totalExercise: $0.00→ Common Stock (7,289 underlying) - Exercise/Conversion
Restricted Stock Units
2023-02-19−4,660→ 61,854 totalExercise: $0.00→ Common Stock (4,660 underlying)
Footnotes (3)
- [F1]On February 17, 2021, the reporting person was granted 29,155 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 17, 2023, 25% of the grant vested (7,289 shares) and were settled in PDM common stock. In connection with this vesting, 3,507 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 19, 2020, the reporting person was granted 18,640 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 19, 2023, the final 25% of the grant vested (4,660 shares) and were settled in PDM common stock. In connection with this vesting, 2,242 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 0001327008
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 4:38 PM ET
- Size
- 14.0 KB