Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2022-02-22 00:00:00 ET · period of report 2022-02-17 · accession 0001042776-22-000072 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-22 | 2022-02-17+ | PDM | Smith Christopher Brent | Pres, Chief Exec. Off, Dir | F - Tax | $17.07 | -9,182 | 220.1K | -4% | -$156.8K |
| DM | 2022-02-22 | 2022-02-17+ | PDM | Smith Christopher Brent | Pres, Chief Exec. Off, Dir | M - OptEx | — | +19.1K | 225.7K | +9% | — |
| DM | 2022-02-22 | 2022-02-17+ | PDM | Smith Christopher Brent | Pres, Chief Exec. Off, Dir | M - OptEx | $0.00 | -19.1K | 84.9K | -18% | $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 | 2022-02-19 | F | D | 3,572 | $17.02 | 223,990 | D | — | — | (F5) In connection with the vesting on February 19, 2022 reported above, 3,572 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 2 | Common | Common Stock | 2022-02-19 | M | A | 7,425 | — | 227,562 | D | — | — | (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) Represents the vesting of 25% of a grant issued on February 19, 2020 of restricted stock units, which were settled in PDM common stock. |
| 3 | Common | Common Stock | 2022-02-17 | F | D | 5,610 | $17.11 | 220,137 | D | — | — | (F3) In connection with the vesting on February 17, 2022 reported above, 5,610 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 4 | Common | Common Stock | 2022-02-17 | M | A | 11,662 | — | 225,747 | D | — | — | (F1) Represents the vesting of 25% of a grant issued on February 17, 2021 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. |
| 5 | Derivative | Restricted Stock Units | 2022-02-19 | M | D | 7,425 | $0.00 | 77,484 | D | $0.00 · — to — | 7,425 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. (F7) On February 19, 2020, the reporting person was granted 29,701 restricted stock units, vesting in four equal, annual installments beginning on the grant date. |
| 6 | Derivative | Restricted Stock Units | 2022-02-17 | M | D | 11,662 | $0.00 | 84,909 | D | $0.00 · — to — | 11,662 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. (F6) On February 17, 2021, the reporting person was granted 46,647 restricted stock units, vesting in four equal, annual installments beginning on the grant date. |