Kenneth B. Hart - 03 Aug 2022 Form 4 Insider Report for PENNSYLVANIA REAL ESTATE INVESTMENT TRUST

Role
Director
Signature
/s/ Kenneth B. Hart
Issuer symbol
N/A
Transactions as of
03 Aug 2022
Net transactions value
$0
Form type
4
Filing time
05 Aug 2022, 16:10:18 UTC
Previous filing
05 Aug 2022
Next filing
14 Jun 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 +25,300 $0.000000 25,300 03 Aug 2022 Shares of Beneficial Interest 25,300 $0.000000 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 August 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.