Charles P. Pizzi - May 28, 2021 Form 4 Insider Report for PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (PRET)

Role
Director
Signature
/s/ Lisa M. Most (attorney-in-fact)
Stock symbol
PRET
Transactions as of
May 28, 2021
Transactions value $
$0
Form type
4
Date filed
6/2/2021, 04:05 PM
Previous filing
May 20, 2021
Next filing
Aug 10, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRET Restricted Share Units Award $0 +61.8K $0.00 61.8K May 28, 2021 Shares of Beneficial Interest 61.8K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted share units ("RSUs") vest on May 28, 2022 ("Vesting Date").
F2 Each RSU represents a contingent right to receive one share of Beneficial Interest, par value $1.00 per share (a "Share"), of the issuer on the Vesting Date. The RSUs may be settled in Shares or in cash in the discretion of the issuer's Compensation Committee.
F3 Grant of RSUs for no consideration.