Venkatesh S. Durvasula - 25 Oct 2022 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role
Director
Signature
/s/ Laura P. Moon, as Attorney-in-Fact for Venkatesh S. Durvasula
Issuer symbol
PDM
Transactions as of
25 Oct 2022
Net transactions value
$0
Form type
4
Filing time
26 Oct 2022, 16:31:15 UTC
Previous filing
05 Aug 2022
Next filing
12 May 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 PDM Restricted Stock Units Award $0 +7,363 $0.000000 7,363 25 Oct 2022 Common Stock 7,363 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 October 25, 2022, the board of directors of Piedmont Office Realty Trust, Inc. granted the reporting person 7,363 restricted stock units, which will vest on the earlier of the date of the 2023 Annual Meeting of Stockholders, or May 11, 2023.