WIBERG ROBERT K 4
4 · Piedmont Office Realty Trust, Inc. · Filed Feb 14, 2024
Insider Transaction Report
Form 4
WIBERG ROBERT K
EVP-Mid Atlantic
Transactions
- Exercise/Conversion
Common Stock
2024-02-13+3,851→ 153,131 total - Exercise/Conversion
Restricted Stock Units
2024-02-13−3,851→ 27,971 totalExercise: $0.00→ Common Stock (3,851 underlying) - Tax Payment
Common Stock
2024-02-13$6.39/sh−1,853$11,841→ 151,278 total
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 13, 2023, the reporting person was granted 15,403 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 13, 2024, 25% of the grant vested (3,851 shares), and were settled in PDM common stock. In connection with this vesting, 1,853 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.