Key facts
- This page summarizes Mark E. Pasquerilla's Form 4 filing for PENNSYLVANIA REAL ESTATE INVESTMENT TRUST.
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 02 Jun 2022, 16:05.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Disposed to Issuer
No transaction description listed
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote F1
Consists of restricted share units ("RSUs") granted under the issuer's Amended and Restated Pennsylvania Real Estate Investment Trust 2018 Equity Incentive Plan. 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. The Compensation Committee determined to settle the RSUs that vested on May 31, 2022 for cash. For purposes of this Form 4, the cash settlement of the vested RSUs has been presented as the conversion of the vested RSUs into Shares and the simultaneous disposition of Shares to the issuer for cash.
Footnote F2
Held by Marenrico Partnership, an entity controlled by Mr. Pasquerilla.
Footnote F3
Held by Pasquerilla Enterprises LP, an entity controlled by Mr. Pasquerilla.
Footnote F4
The RSU grant consisted of 61,845 RSUs granted on May 28, 2021, with all RSUs vesting on May 31, 2022 (the first business day after May 28, 2022).