4//SEC Filing
Smith Christopher Brent 4
Accession 0001042776-25-000047
CIK 0001042776other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 4:32 PM ET
Size
14.3 KB
Accession
0001042776-25-000047
Insider Transaction Report
Form 4
Smith Christopher Brent
DirectorPresident & Chief Exec. Off
Transactions
- Exercise/Conversion
Common Stock
2025-02-20+51,908→ 430,999 total - Exercise/Conversion
Common Stock
2025-02-23+33,791→ 440,009 total - Exercise/Conversion
Restricted Stock Units
2025-02-20−51,908→ 454,400 totalExercise: $0.00→ Common Stock (51,908 underlying) - Tax Payment
Common Stock
2025-02-23$7.07/sh−16,132$114,053→ 423,877 total - Tax Payment
Common Stock
2025-02-20$7.27/sh−24,781$180,158→ 406,218 total - Exercise/Conversion
Restricted Stock Units
2025-02-23−33,791→ 420,609 totalExercise: $0.00→ Common Stock (33,791 underlying)
Footnotes (3)
- [F1]On February 20, 2024, the reporting person was granted 207,634 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 20, 2025, the initial 25% of the grant vested (51,908 shares) and were settled in PDM common stock. In connection with this vesting, 24,781 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
- [F2]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.
- [F3]On February 23, 2023, the reporting person was granted 135,164 restricted stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 23, 2025, the second 25% of the grant vested (33,791 shares) and were settled in PDM common stock. In connection with this vesting, 16,132 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
Documents
Issuer
Piedmont Office Realty Trust, Inc.
CIK 0001042776
Entity typeother
Related Parties
1- filerCIK 0001657666
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 4:32 PM ET
- Size
- 14.3 KB