WIBERG ROBERT K 4
4 · Piedmont Office Realty Trust, Inc. · Filed Feb 21, 2024
Insider Transaction Report
Form 4
WIBERG ROBERT K
EVP-Mid Atlantic
Transactions
- Tax Payment
Common Stock
2024-02-17$6.77/sh−1,283$8,686→ 152,662 total - Award
Restricted Stock Units
2024-02-20+21,374→ 46,678 totalExercise: $0.00→ Common Stock (21,374 underlying) - Exercise/Conversion
Common Stock
2024-02-17+2,667→ 153,945 total - Exercise/Conversion
Restricted Stock Units
2024-02-17−2,667→ 25,304 totalExercise: $0.00→ Common Stock (2,667 underlying)
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 10,671 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 (2,667 shares) and were settled in PDM common stock. In connection with this vesting, 1,283 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 21,374 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date.