WIBERG ROBERT K 4

4 · Piedmont Office Realty Trust, Inc. · Filed Feb 21, 2023

Form 4

Period: 2023-02-17

EVP-Mid Atlantic

Transactions

Tax Payment
Common Stock
2023-02-17$10.04/sh−804$8,072→ 146,823 total
Exercise/Conversion
Common Stock
2023-02-19+1,638→ 148,461 total
Tax Payment
Common Stock
2023-02-19$10.04/sh−494$4,960→ 147,967 total
Exercise/Conversion
Common Stock
2023-02-17+2,668→ 147,627 total
Exercise/Conversion
Restricted Stock Units
2023-02-17−2,668→ 21,495 total
Exercise: $0.00→ Common Stock (2,668 underlying)
Exercise/Conversion
Restricted Stock Units
2023-02-19−1,638→ 19,857 total
Exercise: $0.00→ Common Stock (1,638 underlying)

Footnotes (3)

[F1]On February 17, 2021, the reporting person was granted 10,671 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 17, 2023, 25% of the grant vested (2,668 shares) and were settled in PDM common stock. In connection with this vesting, 804 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 6,555 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 (1,638 shares) and were settled in PDM common stock. In connection with this vesting, 494 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.

Documents

1 file