Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2022-02-14 00:00:00 ET · period of report 2022-02-10 · accession 0001042776-22-000052 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-14 | 2022-02-10 | PDM | Wells George M. | EVP- COO | M - OptEx | — | +3,339 | 81.5K | +4% | — |
| D | 2022-02-14 | 2022-02-10 | PDM | Wells George M. | EVP- COO | F - Tax | $16.85 | -1,607 | 79.9K | -2% | -$27.1K |
| D | 2022-02-14 | 2022-02-10 | PDM | Wells George M. | EVP- COO | A - Grant | $0.00 | +13.4K | 25.1K | +114% | $0 |
| D | 2022-02-14 | 2022-02-10 | PDM | Wells George M. | EVP- COO | M - OptEx | $0.00 | -3,339 | 21.8K | -13% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-10 | M | A | 3,339 | — | 81,531 | D | — | — | (F1) Represents the vesting of 25% of an initial grant on February 10, 2022 of restricted stock units, which were settled in PDM common stock. (F2) Each restricted stock unit represents a contingent right to receive one share of PDM common stock. Restricted stock units may be settled in cash or common stock at PDM's election. |
| 2 | Common | Common Stock | 2022-02-10 | F | D | 1,607 | $16.85 | 79,924 | D | — | — | (F3) In connection with the vesting reported above, 1,607 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 3 | Derivative | Restricted Stock Units | 2022-02-10 | A | A | 13,353 | $0.00 | 25,096 | D | $0.00 · — to — | 13,353 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of PDM common stock. Restricted stock units may be settled in cash or common stock at PDM's election. (F4) On February 10, 2022, the reporting person was granted 13,353 restricted stock units, vesting in four equal, annual installments beginning on the grant date. |
| 4 | Derivative | Restricted Stock Units | 2022-02-10 | M | D | 3,339 | $0.00 | 21,757 | D | $0.00 · — to — | 3,339 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of PDM common stock. Restricted stock units may be settled in cash or common stock at PDM's election. (F4) On February 10, 2022, the reporting person was granted 13,353 restricted stock units, vesting in four equal, annual installments beginning on the grant date. |