Paul T. McDermott - 14 Feb 2024 Form 4 Insider Report for Elme Communities (ELME)

Role
President, CEO & Chairman, Director
Signature
By: W. Drew Hammond For: Paul T. McDermott
Issuer symbol
ELME
Transactions as of
14 Feb 2024
Net transactions value
-$177,938
Form type
4
Filing time
16 Feb 2024, 16:19:11 UTC
Previous filing
19 Dec 2023
Next filing
17 Dec 2024
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 +56,429 +11% $0.000000 590,199 14 Feb 2024 Direct F1
transaction ELME Common Stock Award $0 +37,015 +6.3% $0.000000 627,214 14 Feb 2024 Direct F2
transaction ELME Common Stock Tax liability $177,938 -12,522 -2% $14.21 614,692 14 Feb 2024 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 shares granted for 2024 pursuant to the Company's 2016 Omnibus Incentive Plan. These shares vest ratably over 3 years on 12/15/2024, 12/15/2025 and 12/15/2026, subject to the reporting person's continued employment through each vesting date.
F2 Restricted Shares that vested on 2/14/2024
F3 For net share settlement of taxes on vested shares.