Laura P. Moon - May 3, 2022 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role
SVP- CAO
Signature
/s/ Laura P. Moon
Stock symbol
PDM
Transactions as of
May 3, 2022
Transactions value $
-$130,904
Form type
4
Date filed
5/4/2022, 04:49 PM
Previous filing
Feb 22, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDM Common Stock Tax liability -$8.18K -508 -0.92% $16.11 54.6K May 3, 2022 Direct F1, F2
transaction PDM Common Stock Sale -$123K -7.63K -13.96% $16.09 47K May 3, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting of 1,125 shares of deferred stock on May 3, 2022 (representing 25% of an initial grant made on May 3, 2019), 508 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations.
F2 The balance includes shares obtained through Piedmont's dividend reinvestment plan during the period in which the shares where obtained.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.92 to $16.09, inclusive. The reporting person undertakes to provide to Piedmont Office Realty Trust, Inc. ("Piedmont"), any security holder of Piedmont, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.