Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2025-02-12 00:00:00 ET · period of report 2025-02-10 · accession 0001042776-25-000023 · 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 | 2025-02-12 | 2025-02-10 | PDM | Smith Christopher Brent | Pres, Chief Exec. Off, Dir | M - OptEx | — | +15.6K | 366.8K | +4% | — |
| D | 2025-02-12 | 2025-02-10 | PDM | Smith Christopher Brent | Pres, Chief Exec. Off, Dir | F - Tax | $8.22 | -7,437 | 359.4K | -2% | -$61.1K |
| D | 2025-02-12 | 2025-02-10 | PDM | Smith Christopher Brent | Pres, Chief Exec. Off, Dir | M - OptEx | $0.00 | -15.6K | 544.0K | -3% | $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 | 2025-02-10 | M | A | 15,578 | — | 366,838 | D | — | — | (F1) On February 10, 2022, the reporting person was granted 62,315 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 10, 2025, the final 25% of the grant vested (15,578 shares), and were settled in PDM common stock. In connection with this vesting, 7,437 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. (F2) 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. |
| 2 | Common | Common Stock | 2025-02-10 | F | D | 7,437 | $8.22 | 359,401 | D | — | — | (F1) On February 10, 2022, the reporting person was granted 62,315 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 10, 2025, the final 25% of the grant vested (15,578 shares), and were settled in PDM common stock. In connection with this vesting, 7,437 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 3 | Derivative | Restricted Stock Units | 2025-02-10 | M | D | 15,578 | $0.00 | 543,986 | D | $0.00 · — to — | 15,578 Common Stock | (F2) 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. (F1) On February 10, 2022, the reporting person was granted 62,315 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 10, 2025, the final 25% of the grant vested (15,578 shares), and were settled in PDM common stock. In connection with this vesting, 7,437 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |