Edison Jeffrey 4

Accession 0001548377-26-000002

CIK 0001476204other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 4:32 PM ET

Size

27.2 KB

Accession

0001548377-26-000002

Form 4

Period: 2025-12-31

DirectorChairman and CEO

Transactions

Exercise/Conversion
Class C Units
2025-12-31−47,084→ 0 total
→ Common Stock (47,084 underlying)
Exercise/Conversion
Class C Units
2025-12-31−3,556.207→ 0 total
→ Common Stock (3,556.207 underlying)
Exercise/Conversion
OP Units
2025-12-31+47,084→ 55,763.492 total
→ Common Stock (47,084 underlying)
Exercise/Conversion
OP Units
2025-12-31+3,556.207→ 59,319.699 total
→ Common Stock (3,556.207 underlying)

Holdings

OP Units
(indirect: By Trust)
→ Common Stock (2,150,000 underlying)
2,150,000
OP Units
(indirect: By Trust)
→ Common Stock (2,020,000 underlying)
2,020,000
OP Units
(indirect: By Trust)
→ Common Stock (1,814,405.871 underlying)
1,814,405.871
OP Units
(indirect: By LLC)
→ Common Stock (1,134,215.303 underlying)
1,134,215.303
OP Units
(indirect: By Trust)
→ Common Stock (458,893.389 underlying)
458,893.389
OP Units
(indirect: By Trust)
→ Common Stock (431,233.177 underlying)
431,233.177
OP Units
(indirect: By Trust)
→ Common Stock (330,666.876 underlying)
330,666.876
OP Units
(indirect: By Old 97, Inc)
→ Common Stock (276,927.452 underlying)
276,927.452
OP Units
(indirect: By Trust)
→ Common Stock (211,265.707 underlying)
211,265.707
OP Units
(indirect: By Trust)
→ Common Stock (60,583.377 underlying)
60,583.377

Footnotes (3)

[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 the vesting, and conversion to OP Units, of Class C Units of limited partnership interests ("Class C Units") in PECO OP, previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class C Units were subject to vesting, and did not have full parity with OP Units, but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, could over time achieve full parity with the OP Units for all purposes. Upon vesting, having previously or concurrently achieved full parity with OP Units, the Class C Units were converted into an equal number of OP Units. The Class C Units have no expiration date.
[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.

Documents

1 file

Phillips Edison & Company, Inc.

CIK 0001476204

Entity typeother