4//SEC Filing
Wells George M. 4
Accession 0001042776-25-000050
CIK 0001042776other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 4:33 PM ET
Size
14.2 KB
Accession
0001042776-25-000050
Insider Transaction Report
Form 4
Wells George M.
EVP- COO
Transactions
- Exercise/Conversion
Common Stock
2025-02-20+10,496→ 119,387 total - Exercise/Conversion
Common Stock
2025-02-23+5,280→ 119,656 total - Tax Payment
Common Stock
2025-02-23$7.07/sh−2,521$17,823→ 117,135 total - Exercise/Conversion
Restricted Stock Units
2025-02-20−10,496→ 87,989 totalExercise: $0.00→ Common Stock (10,496 underlying) - Tax Payment
Common Stock
2025-02-20$7.27/sh−5,011$36,430→ 114,376 total - Exercise/Conversion
Restricted Stock Units
2025-02-23−5,280→ 82,709 totalExercise: $0.00→ Common Stock (5,280 underlying)
Footnotes (3)
- [F1]On February 20, 2024, the reporting person was granted 41,985 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 (10,496 shares) and were settled in PDM common stock. In connection with this vesting, 5,011 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 21,119 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 (5,280 shares) and were settled in PDM common stock. In connection with this vesting, 2,521 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 0001658079
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 4:33 PM ET
- Size
- 14.2 KB