4//SEC Filing
Valente Alex 4
Accession 0001042776-23-000057
CIK 0001042776other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 4:41 PM ET
Size
14.0 KB
Accession
0001042776-23-000057
Insider Transaction Report
Form 4
Valente Alex
EVP- Southeast Region
Transactions
- Exercise/Conversion
Common Stock
2023-02-17+1,822→ 34,681 total - Exercise/Conversion
Restricted Stock Units
2023-02-19−819→ 23,188 totalExercise: $0.00→ Common Stock (819 underlying) - Tax Payment
Common Stock
2023-02-17$10.04/sh−786$7,891→ 33,895 total - Exercise/Conversion
Common Stock
2023-02-19+819→ 34,714 total - Tax Payment
Common Stock
2023-02-19$10.04/sh−353$3,544→ 34,361 total - Exercise/Conversion
Restricted Stock Units
2023-02-17−1,822→ 24,007 totalExercise: $0.00→ Common Stock (1,822 underlying)
Footnotes (3)
- [F1]On February 17, 2021, the reporting person was granted 7,289 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 17, 2023, 25% of the grant vested (1,822 shares) and were settled in PDM common stock. In connection with this vesting, 786 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 3,277 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 (819 shares) and were settled in PDM common stock. In connection with this vesting, 353 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 20, 7:00 PM ET
- Accepted
- Feb 21, 4:41 PM ET
- Size
- 14.0 KB