Addy Robert Mark 4
4 · Phillips Edison & Company, Inc. · Filed May 30, 2019
Insider Transaction Report
Form 4
Addy Robert Mark
Chief Operating Officer
Transactions
- Other
OP Units
2019-05-28+7,227→ 249,978 total→ Common Stock (7,227 underlying) - Other
OP Units
2019-05-28−7,227→ 19,232 total(indirect: Held by PELP)→ Common Stock (7,227 underlying)
Footnotes (3)
- [F1]Reflects common units of limited partnership interest ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P. ("PECO I OP") acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the Reporting Person's interest in OP Units which were (i) converted from Class B Units of limited partnership interests in PECO I OP ("Class B Units") and (ii) being held by PELP until two years from the date the Class B Units were issued.
- [F2]OP Units 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 I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.
- [F3]Reflects OP Units distributed by PELP to the Reporting Person in the line above.