Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2023-02-21 00:00:00 ET · period of report 2023-02-17 · accession 0001042776-23-000052 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-21 | 2023-02-17+ | PDM | Bowers Robert E | EVP-CFO, Admin Off | F - Tax | $10.04 | -5,749 | 341.1K | -2% | -$57.7K |
| DM | 2023-02-21 | 2023-02-17+ | PDM | Bowers Robert E | EVP-CFO, Admin Off | M - OptEx | — | +11.9K | 342.2K | +4% | — |
| DM | 2023-02-21 | 2023-02-17+ | PDM | Bowers Robert E | EVP-CFO, Admin Off | M - OptEx | $0.00 | -11.9K | 61.9K | -16% | $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 | 2023-02-17 | F | D | 3,507 | $10.04 | 338,687 | D | — | — | (F1) On February 17, 2021, the reporting person was granted 29,155 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 17, 2023, 25% of the grant vested (7,289 shares) and were settled in PDM common stock. In connection with this vesting, 3,507 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 2 | Common | Common Stock | 2023-02-19 | M | A | 4,660 | — | 343,347 | 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 19, 2020, the reporting person was granted 18,640 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 19, 2023, the final 25% of the grant vested (4,660 shares) and were settled in PDM common stock. In connection with this vesting, 2,242 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 3 | Common | Common Stock | 2023-02-19 | F | D | 2,242 | $10.04 | 341,105 | D | — | — | (F3) On February 19, 2020, the reporting person was granted 18,640 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 19, 2023, the final 25% of the grant vested (4,660 shares) and were settled in PDM common stock. In connection with this vesting, 2,242 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 4 | Common | Common Stock | 2023-02-17 | M | A | 7,289 | — | 342,194 | 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 17, 2021, the reporting person was granted 29,155 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 17, 2023, 25% of the grant vested (7,289 shares) and were settled in PDM common stock. In connection with this vesting, 3,507 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 5 | Derivative | Restricted Stock Units | 2023-02-17 | M | D | 7,289 | $0.00 | 66,514 | D | $0.00 · — to — | 7,289 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 17, 2021, the reporting person was granted 29,155 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 17, 2023, 25% of the grant vested (7,289 shares) and were settled in PDM common stock. In connection with this vesting, 3,507 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 6 | Derivative | Restricted Stock Units | 2023-02-19 | M | D | 4,660 | $0.00 | 61,854 | D | $0.00 · — to — | 4,660 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 19, 2020, the reporting person was granted 18,640 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 19, 2023, the final 25% of the grant vested (4,660 shares) and were settled in PDM common stock. In connection with this vesting, 2,242 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |