Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2024-05-08 00:00:00 ET · period of report 2024-05-07 · accession 0001042776-24-000079 · 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 | 2024-05-08 | 2024-05-07 | PDM | Durvasula Venkatesh S. | Dir | M - OptEx | — | +15.2K | 20.4K | +291% | — |
| D | 2024-05-08 | 2024-05-07 | PDM | Durvasula Venkatesh S. | Dir | F - Tax | $6.95 | -4,413 | 16.0K | -22% | -$30.7K |
| D | 2024-05-08 | 2024-05-07 | PDM | Durvasula Venkatesh S. | Dir | A - Grant | $0.00 | +14.4K | 14.4K | New | $0 |
| D | 2024-05-08 | 2024-05-07 | PDM | Durvasula Venkatesh S. | Dir | M - OptEx | $0.00 | -15.2K | 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 | 2024-05-07 | M | A | 15,220 | — | 20,448 | D | — | — | (F2) On May 10, 2023, the reporting person was granted 15,220 restricted stock units, which vested at the 2024 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc. on May 7, 2024, 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. |
| 2 | Common | Common Stock | 2024-05-07 | F | D | 4,413 | $6.95 | 16,035 | D | — | — | (F3) In connection with the vesting of 15,220 shares of deferred stock on May 7, 2024, 4,413 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations. |
| 3 | Derivative | Restricted Stock Units | 2024-05-07 | A | A | 14,388 | $0.00 | 14,388 | D | $0.00 · — to — | 14,388 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 7, 2024, at the 2024 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc., the reporting person was granted 14,388 restricted stock units, which will vest on the earlier of the 2025 Annual Meeting of Stockholders, or the anniversary of the grant date in May 2025. |
| 4 | Derivative | Restricted Stock Units | 2024-05-07 | M | D | 15,220 | $0.00 | 0 | D | $0.00 · — to — | 15,220 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 10, 2023, the reporting person was granted 15,220 restricted stock units, which vested at the 2024 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc. on May 7, 2024, and were settled in PDM common stock. |