Michael J. DeMarco - 17 Dec 2021 Form 4 Insider Report for PENNSYLVANIA REAL ESTATE INVESTMENT TRUST

Role: Director
Signature: /s/ Lisa M. Most (attorney in-fact)
Issuer symbol: N/A
Transactions as of: 17 Dec 2021
Net transactions value: -$102,500
Form type: 4
Filing time: 20 Dec 2021, 17:31:17 UTC
Previous filing: 19 Aug 2021
Next filing: 02 Jun 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	$102,500	-100,000	-64%	$1.02	55,682	17 Dec 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Sales effected for tax and estate planning purposes.
F2	The price in column 4 reflects the weighted average price of 100,000 shares sold in multiple transactions on December 17, 2021 with sales prices ranging from $1.02 to $1.04 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.

Content

Sales effected for tax and estate planning purposes.

The price in column 4 reflects the weighted average price of 100,000 shares sold in multiple transactions on December 17, 2021 with sales prices ranging from $1.02 to $1.04 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.