Taryn D. Fielder - 16 Feb 2022 Form 4 Insider Report for WASHINGTON REAL ESTATE INVESTMENT TRUST (ELME)

Role
SVP/Gen Counsel, Corp Sec
Signature
By: W. Drew Hammond For: Taryn D. Fielder
Issuer symbol
ELME
Transactions as of
16 Feb 2022
Net transactions value
-$70,135
Form type
4
Filing time
17 Feb 2022, 18:24:22 UTC
Previous filing
04 Jan 2022
Next filing
18 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELME Common Stock Award $0 +7,640 +17% $0.000000 53,855 16 Feb 2022 Direct F1
transaction ELME Common Stock Award $0 +11,727 +22% $0.000000 65,582 16 Feb 2022 Direct F2
transaction ELME Common Stock Tax liability $70,135 -2,858 -4.4% $24.54 62,724 16 Feb 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are Restricted Share Awards granted for 2022 pursuant to the Washington Real Estate Investment Trust 2016 Omnibus Incentive Plan. These shares vest ratably over 3 years on 12/15/22, 12/15/23 and 12/15/24, subject to the reporting person's continued employment through each vesting date.
F2 Restricted Share Award that vested 75% on 2/16/22 and will vest 25% on 12/31/22.
F3 For net share settlement of taxes on vested shares.