Joseph F. Coradino - Mar 4, 2022 Form 4 Insider Report for PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (PRET)

Role
Chief Executive Officer, Director
Signature
/s/ Joseph F. Coradino
Stock symbol
PRET
Transactions as of
Mar 4, 2022
Transactions value $
$0
Form type
4
Date filed
3/8/2022, 05:30 PM
Previous filing
Feb 17, 2022
Next filing
Apr 4, 2022

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 +1.65M $0.00 1.65M Mar 4, 2022 Shares of Beneficial Interest 1.65M $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted share units ("RSUs") made pursuant to the issuer's 2022-2024 Equity Award Program. Each RSU represents a contingent right to receive one share of Beneficial Interest, par value $1.00 per share (a "Share"), of the issuer. The RSUs may be settled in Shares or cash in the discretion of the issuer's Compensation Committee.
F2 The RSUs vest in three equal annual installments beginning on March 4, 2023.