Susan L. Gerock - 12 Feb 2025 Form 4 Insider Report for Elme Communities (ELME)

Role
SVP IT & CIO
Signature
By: W. Drew Hammond For: Susan L. Gerock
Issuer symbol
ELME
Transactions as of
12 Feb 2025
Net transactions value
-$36,994
Form type
4
Filing time
14 Feb 2025, 07:27:17 UTC
Previous filing
17 Dec 2024
Next filing
14 Nov 2025
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 +11,906 +21% $0.000000 69,297 12 Feb 2025 Direct F1
transaction ELME Common Stock Award $0 +6,861 +9.9% $0.000000 76,158 12 Feb 2025 Direct F2
transaction ELME Common Stock Tax liability $36,994 -2,429 -3.2% $15.23 73,729 12 Feb 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are granted pursuant to the Elme Communities 2016 Omnibus Incentive Plan (as amended and restated effective as of May 30, 2024). These shares vest ratably over 3 years, beginning on 12/15/2025, subject to the reporting person's continued employment through each vesting date.
F2 Represents shares received pursuant to the Company's Amended and Restated Long Term Incentive Plan, effective January 1, 2020, which were earned based on the achievement of certain performance measures during the three-year performance period ended December 31, 2024.
F3 For net share settlement of taxes on vested shares.