Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2024-02-21 00:00:00 ET · period of report 2024-02-17 · accession 0001042776-24-000041 · 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 | 2024-02-21 | 2024-02-17 | PDM | Bowers Robert E | EVP-CFO | F - Tax | $6.77 | -3,506 | 357.3K | -1.0% | -$23.7K |
| D | 2024-02-21 | 2024-02-17 | PDM | Bowers Robert E | EVP-CFO | M - OptEx | — | +7,288 | 360.8K | +2% | — |
| D | 2024-02-21 | 2024-02-17 | PDM | Bowers Robert E | EVP-CFO | M - OptEx | $0.00 | -7,288 | 72.9K | -9% | $0 |
| D | 2024-02-21 | 2024-02-20 | PDM | Bowers Robert E | EVP-CFO | A - Grant | $0.00 | +57.3K | 130.2K | +78% | $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 | 2024-02-17 | F | D | 3,506 | $6.77 | 357,305 | D | — | — | (F2) 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, 2024, the final 25% of the grant vested (7,288 shares) and were settled in PDM common stock. In connection with this vesting, 3,506 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 2 | Common | Common Stock | 2024-02-17 | M | A | 7,288 | — | 360,811 | D | — | — | (F1) Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election. (F2) 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, 2024, the final 25% of the grant vested (7,288 shares) and were settled in PDM common stock. In connection with this vesting, 3,506 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 3 | Derivative | Restricted Stock Units | 2024-02-17 | M | D | 7,288 | $0.00 | 72,939 | D | $0.00 · — to — | 7,288 Common Stock | (F1) Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election. (F2) 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, 2024, the final 25% of the grant vested (7,288 shares) and were settled in PDM common stock. In connection with this vesting, 3,506 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 4 | Derivative | Restricted Stock Units | 2024-02-20 | A | A | 57,252 | $0.00 | 130,191 | D | $0.00 · — to — | 57,252 Common Stock | (F1) Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election. (F3) On February 20, 2024, the reporting person was granted 57,252 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. |