Joseph F. Coradino - 10 Jun 2021 Form 4 Insider Report for PENNSYLVANIA REAL ESTATE INVESTMENT TRUST

Role
Chief Executive Officer, Director
Signature
/s/ Joseph F. Coradino
Issuer symbol
N/A
Transactions as of
10 Jun 2021
Net transactions value
-$838,750
Form type
4
Filing time
11 Jun 2021, 16:05:44 UTC
Previous filing
14 May 2021
Next filing
11 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRET Shares of Beneficial Interest, par value $1.00 per share Sale $838,750 -275,000 -31% $3.05 598,997 10 Jun 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale effected pursuant to the Reporting Person's divorce agreement and for tax and estate planning purposes.
F2 The price in column 4 reflects the weighted average price of 275,000 shares sold in multiple transactions on June 10, 2021 with sales prices ranging from $2.99 to $3.11 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F3 Includes 197,992 total shares held pursuant to an employee share purchase plan.