Edison Jeffrey 4

Accession 0001476204-25-000021

CIK 0001476204other

View on SEC.gov Company Profile

Filed

Jan 30, 7:00 PM ET

Accepted

Jan 31, 4:32 PM ET

Size

24.2 KB

Accession

0001476204-25-000021

Insider Transaction Report

Form 4

Period: 2025-01-29

Phillips Edison & Company, Inc.PECO

Edison Jeffrey

DirectorChairman and CEO

Transactions

Award
Class C Units
2025-01-29+7,112.414→ 7,112.414 total
→ Common Stock (7,112.414 underlying)
Award
Class C Units
2025-01-29+47,084→ 47,084 total
→ Common Stock (47,084 underlying)
Award
OP Units
2025-01-29+47,084→ 1,366,004.285 total
→ Common Stock (47,084 underlying)

Holdings

OP Units
(indirect: By Trust)
→ Common Stock (2,150,000 underlying)
2,150,000
OP Units
(indirect: By Trust)
→ Common Stock (431,233.177 underlying)
431,233.177
OP Units
(indirect: By LLC)
→ Common Stock (1,134,215.303 underlying)
1,134,215.303
OP Units
(indirect: By Trust)
→ Common Stock (2,424,405.871 underlying)
2,424,405.871
OP Units
(indirect: By Old 97, Inc)
→ Common Stock (276,927.452 underlying)
276,927.452
OP Units
(indirect: By Trust)
→ Common Stock (60,583.377 underlying)
60,583.377
OP Units
(indirect: By Trust)
→ Common Stock (479,093.389 underlying)
479,093.389
OP Units
(indirect: By Trust)
→ Common Stock (330,666.876 underlying)
330,666.876
OP Units
(indirect: By Trust)
→ Common Stock (211,265.707 underlying)
211,265.707

Footnotes (6)

[F1]Limited partnership interests ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP") are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of PECO OP, shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date and are not subject to vesting.
[F2]Represents OP Units earned based upon the Issuer's achievement of performance metrics under the 2022-2024 Performance-Based LTIP Units.
[F3]Reflects total shares held by the entity, and as to which Mr. Edison has shared voting and dispositive power. Mr. Edison disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
[F4]Represents Class C Units of limited partnership interests ("Class C Units") in PECO OP. At issuance, the Class C Units do not have full parity with the OP Units, but upon achieving parity with the OP Units under the PECO OP's partnership agreement, based upon capital account balance per unit, and upon satisfaction of any applicable vesting conditions, the vested Class C Units convert to OP Units on a one-for-one basis. The Class C Units have no expiration date.
[F5]Represents unvested Class C Units earned based upon the Issuer's achievement of the performance metrics under the 2022-2024 Performance-Based LTIP Units which will vest in full on December 31, 2025, subject to continued service with the Company.
[F6]Represents 3,556.207 vested, and 3,556.207 unvested, earned Class C Units issued in lieu of cash dividends accrued on the earned 2022-2024 Performance-Based LTIP Units. The unvested Class C units will vest in full on December 31, 2025, subject to continued service with the Company.

Documents

1 file

4
wk-form4_1738359128.xmlPrimary
FORM 4

Issuer

Phillips Edison & Company, Inc.

CIK 0001476204

→

Entity typeother

Related Parties

filerCIK 0001548377

Filing Metadata

Form type: 4
Filed: Jan 30, 7:00 PM ET
Accepted: Jan 31, 4:32 PM ET
Size: 24.2 KB

View on SEC.gov