Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2023-02-14 00:00:00 ET · period of report 2023-02-10 · accession 0001042776-23-000034 · 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 | 2023-02-14 | 2023-02-10+ | PDM | Bowers Robert E | EVP-CFO, Admin Off | M - OptEx | — | +20.9K | 341.0K | +7% | — |
| DM | 2023-02-14 | 2023-02-10+ | PDM | Bowers Robert E | EVP-CFO, Admin Off | F - Tax | $10.49 | -10.1K | 334.9K | -3% | -$105.5K |
| DM | 2023-02-14 | 2023-02-10+ | PDM | Bowers Robert E | EVP-CFO, Admin Off | M - OptEx | $0.00 | -20.9K | 73.8K | -22% | $0 |
| D | 2023-02-14 | 2023-02-13 | PDM | Bowers Robert E | EVP-CFO, Admin Off | A - Grant | $0.00 | +51.0K | 86.6K | +143% | $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 | 2023-02-10 | M | A | 8,160 | — | 332,214 | 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. (F1) On February 10, 2022, the reporting person was granted 32,641 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 10, 2023, 25% of the grant vested (8,160 shares), and were settled in PDM common stock. In connection with this vesting, 3,925 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 2 | Common | Common Stock | 2023-02-10 | F | D | 3,925 | $10.40 | 328,289 | D | — | — | (F1) On February 10, 2022, the reporting person was granted 32,641 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 10, 2023, 25% of the grant vested (8,160 shares), and were settled in PDM common stock. In connection with this vesting, 3,925 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 3 | Common | Common Stock | 2023-02-13 | M | A | 12,749 | — | 341,038 | 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. (F3) On February 13, 2023, the reporting person was granted 50,995 restricted stock units, vesting in four equal, annual installments beginning on the grant date. As such, 25% of the grant vested (12,749 shares) on February 13, 2023, and were settled in PDM common stock. In connection with this vesting, 6,133 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 4 | Common | Common Stock | 2023-02-13 | F | D | 6,133 | $10.55 | 334,905 | D | — | — | (F3) On February 13, 2023, the reporting person was granted 50,995 restricted stock units, vesting in four equal, annual installments beginning on the grant date. As such, 25% of the grant vested (12,749 shares) on February 13, 2023, and were settled in PDM common stock. In connection with this vesting, 6,133 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 5 | Derivative | Restricted Stock Units | 2023-02-10 | M | D | 8,160 | $0.00 | 35,557 | D | $0.00 · — to — | 8,160 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. (F1) On February 10, 2022, the reporting person was granted 32,641 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 10, 2023, 25% of the grant vested (8,160 shares), and were settled in PDM common stock. In connection with this vesting, 3,925 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 6 | Derivative | Restricted Stock Units | 2023-02-13 | A | A | 50,995 | $0.00 | 86,552 | D | $0.00 · — to — | 50,995 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. (F3) On February 13, 2023, the reporting person was granted 50,995 restricted stock units, vesting in four equal, annual installments beginning on the grant date. As such, 25% of the grant vested (12,749 shares) on February 13, 2023, and were settled in PDM common stock. In connection with this vesting, 6,133 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 7 | Derivative | Restricted Stock Units | 2023-02-13 | M | D | 12,749 | $0.00 | 73,803 | D | $0.00 · — to — | 12,749 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. (F3) On February 13, 2023, the reporting person was granted 50,995 restricted stock units, vesting in four equal, annual installments beginning on the grant date. As such, 25% of the grant vested (12,749 shares) on February 13, 2023, and were settled in PDM common stock. In connection with this vesting, 6,133 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |