Wesley E. Cantrell - 11 May 2022 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role
Director
Signature
/s/ Laura P. Moon as Attorney-in-Fact for Wesley E. Cantrell
Issuer symbol
PDM
Transactions as of
11 May 2022
Net transactions value
$0
Form type
4
Filing time
12 May 2022, 16:21:28 UTC
Previous filing
12 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDM Common Stock Options Exercise +5,011 +9.8% 56,337 11 May 2022 Direct F1, F2

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 PDM Restricted Stock Units Options Exercise $0 -5,011 -100% $0.000000* 0 11 May 2022 Common Stock 5,011 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Wesley E. Cantrell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of PDM common stock. Restricted stock units may be settled in cash or common stock at PDM's election.
F2 On May 11, 2021, the reporting person was granted 5,011 restricted stock units, which vested at the 2022 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc. on May 11, 2022, and were settled in PDM common stock.