WIBERG ROBERT K 4
4 · Piedmont Office Realty Trust, Inc. · Filed Feb 27, 2024
Insider Transaction Report
Form 4
WIBERG ROBERT K
EVP-Mid Atlantic
Transactions
- Exercise/Conversion
Common Stock
2024-02-23+3,696→ 156,358 total - Tax Payment
Common Stock
2024-02-23$6.14/sh−1,778$10,917→ 154,580 total - Exercise/Conversion
Restricted Stock Units
2024-02-23−3,696→ 42,982 totalExercise: $0.00→ Common Stock (3,696 underlying)
Footnotes (2)
- [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 23, 2023, the reporting person was granted 14,784 restricted stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 23, 2024, the initial 25% of the grant vested (3,696 shares) and were settled in PDM common stock. In connection with this vesting, 1,778 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.