Alex Valente - 02 Feb 2022 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Signature
/s/ Laura P. Moon as Attorney-in-Fact for Alex Valente
Issuer symbol
PDM
Transactions as of
02 Feb 2022
Net transactions value
-$34,813
Form type
4
Filing time
04 Feb 2022, 15:44:52 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 +3,960 +19% $0.000000 25,284 02 Feb 2022 Direct F1
transaction PDM Common Stock Tax liability $34,813 -1,917 -7.6% $18.16 23,367 02 Feb 2022 Direct F2
* 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 In connection with the grant of the unrestricted stock award (3,960 shares) on February 2, 2022, 1,917 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations.