Thomas R. Prescott - 02 Feb 2022 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Signature
/s/ Laura P. Moon as Attorney-in-Fact for Thomas R. Prescott
Issuer symbol
PDM
Transactions as of
02 Feb 2022
Net transactions value
-$105,019
Form type
4
Filing time
04 Feb 2022, 15:44:35 UTC
Previous filing
18 May 2021
Next filing
14 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDM Common Stock Award $0 +13,862 +20% $0.000000 83,355 02 Feb 2022 Direct F1, F2
transaction PDM Common Stock Tax liability $105,019 -5,783 -6.9% $18.16 77,572 02 Feb 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Such shares were granted without restriction pursuant to the performance share component of the 2019-2021 Long Term Incentive Compensation plan.
F2 The balance includes shares obtained through Piedmont's dividend reinvestment plan during the period in which the shares where obtained.
F3 In connection with the grant of the unrestricted stock award (13,862 shares) on February 2, 2022, 5,783 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations.