George J. Alburger Jr - 03 Jun 2022 Form 4 Insider Report for PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (PRET)

Role
Director
Signature
/s/ Lisa M. Most (attorney-in-fact)
Issuer symbol
PRET
Transactions as of
03 Jun 2022
Transactions value $
$0
Form type
4
Filing time
07 Jun 2022, 16:05:47 UTC
Previous filing
02 Jun 2022
Next filing
17 May 2023
SEC
View on sec.gov

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 +261K $0.00 261K 03 Jun 2022 Shares of Beneficial Interest 261K $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 June 3, 2023 (or if the Shares (as defined below) do not trade on that date, then as of the first trading date thereafter) ("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.