Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2022-05-12 00:00:00 ET · period of report 2022-05-11 · accession 0001042776-22-000132 · 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 | 2022-05-12 | 2022-05-11 | PDM | MCDOWELL FRANK C | Dir | F - Tax | $14.62 | -1,616 | 65.7K | -2% | -$23.6K |
| D | 2022-05-12 | 2022-05-11 | PDM | MCDOWELL FRANK C | Dir | M - OptEx | — | +5,011 | 67.3K | +8% | — |
| D | 2022-05-12 | 2022-05-11 | PDM | MCDOWELL FRANK C | Dir | A - Grant | $0.00 | +6,839 | 6,839 | New | $0 |
| D | 2022-05-12 | 2022-05-11 | PDM | MCDOWELL FRANK C | Dir | M - OptEx | $0.00 | -5,011 | 0 | -100% | $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 | 2022-05-11 | F | D | 1,616 | $14.62 | 65,713 | D | — | — | (F3) In connection with the vesting of 5,011 shares of deferred stock on May 11, 2022, (representing 100% of a grant made at the 2021 Annual Meeting of Stockholders on May 11, 2021), 1,616 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations. |
| 2 | Common | Common Stock | 2022-05-11 | M | A | 5,011 | — | 67,329 | D | — | — | (F2) On May 11, 2021, the reporting person was granted 5,011 restricted stock units, which vested at the 2022 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc. on May 11, 2022, and were settled in PDM common stock. (F1) 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. |
| 3 | Derivative | Restricted Stock Units | 2022-05-11 | A | A | 6,839 | $0.00 | 6,839 | D | $0.00 · — to — | 6,839 Common Stock | (F1) 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 May 11, 2022, at the 2022 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc., the reporting person was granted 6,839 restricted stock units, which will vest on the earlier of the 2023 Annual Meeting of Stockholders, or the anniversary of the grant date in May 2023. |
| 4 | Derivative | Restricted Stock Units | 2022-05-11 | M | D | 5,011 | $0.00 | 0 | D | $0.00 · — to — | 5,011 Common Stock | (F1) 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. (F2) On May 11, 2021, the reporting person was granted 5,011 restricted stock units, which vested at the 2022 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc. on May 11, 2022, and were settled in PDM common stock. |