WIBERG ROBERT K 4
4 · Piedmont Office Realty Trust, Inc. · Filed Feb 13, 2024
Insider Transaction Report
Form 4
WIBERG ROBERT K
EVP-Mid Atlantic
Transactions
- Tax Payment
Common Stock
2024-02-10$6.62/sh−1,506$9,970→ 149,280 total - Exercise/Conversion
Common Stock
2024-02-10+2,819→ 150,786 total - Exercise/Conversion
Restricted Stock Units
2024-02-10−2,819→ 31,822 totalExercise: $0.00→ Common Stock (2,819 underlying)
Footnotes (2)
- [F1]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.
- [F2]On February 10, 2022, the reporting person was granted 11,276 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 10, 2024, 25% of the grant vested (2,819 shares), and were settled in PDM common stock. In connection with this vesting, 1,506 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.