Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2025-02-05 00:00:00 ET · period of report 2025-02-03 · accession 0001042776-25-000013 · 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 | 2025-02-05 | 2025-02-03 | PDM | Smith Christopher Brent | Pres, Chief Exec. Off, Dir | F - Tax | $8.52 | -31.3K | 351.3K | -8% | -$266.4K |
| D | 2025-02-05 | 2025-02-03 | PDM | Smith Christopher Brent | Pres, Chief Exec. Off, Dir | A - Grant | $0.00 | +64.3K | 382.5K | +20% | $0 |
| D | 2025-02-05 | 2025-02-03 | PDM | Smith Christopher Brent | Pres, Chief Exec. Off, Dir | A - Grant | $0.00 | +159.6K | 559.6K | +40% | $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 | 2025-02-03 | F | D | 31,264 | $8.52 | 351,260 | D | — | — | (F2) In connection with the vesting of the unrestricted stock award (64,290 shares) on February 3, 2025, 31,264 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations. |
| 2 | Common | Common Stock | 2025-02-03 | A | A | 64,290 | $0.00 | 382,524 | D | — | — | (F1) Such shares were granted without restriction pursuant to the performance share component of the 2022-2024 Long Term Incentive Compensation plan. |
| 3 | Derivative | Restricted Stock Units | 2025-02-03 | A | A | 159,624 | $0.00 | 559,564 | D | $0.00 · — to — | 159,624 Common Stock | (F3) 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. (F4) On February 3, 2025, the reporting person was granted 159,624 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. |