4//SEC Filing
Bowers Robert E 4
Accession 0001042776-24-000041
CIK 0001042776other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 4:21 PM ET
Size
11.1 KB
Accession
0001042776-24-000041
Insider Transaction Report
Form 4
Bowers Robert E
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-17+7,288→ 360,811 total - Exercise/Conversion
Restricted Stock Units
2024-02-17−7,288→ 72,939 totalExercise: $0.00→ Common Stock (7,288 underlying) - Award
Restricted Stock Units
2024-02-20+57,252→ 130,191 totalExercise: $0.00→ Common Stock (57,252 underlying) - Tax Payment
Common Stock
2024-02-17$6.77/sh−3,506$23,736→ 357,305 total
Footnotes (3)
- [F1]Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election.
- [F2]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, 2024, the final 25% of the grant vested (7,288 shares) and were settled in PDM common stock. In connection with this vesting, 3,506 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
- [F3]On February 20, 2024, the reporting person was granted 57,252 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date.
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, 4:21 PM ET
- Size
- 11.1 KB