Robert E. Bowers - 01 Feb 2023 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role
EVP-CFO&Admin Off
Signature
/s/ Laura P. Moon as Attorney-in-Fact for Robert E. Bowers
Issuer symbol
PDM
Transactions as of
01 Feb 2023
Net transactions value
-$100,765
Form type
4
Filing time
03 Feb 2023, 15:31:05 UTC
Previous filing
04 May 2022
Next filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDM Common Stock Award $0 +18,738 +5.9% $0.000000 333,669 01 Feb 2023 Direct F1
transaction PDM Common Stock Tax liability $100,765 -9,615 -2.9% $10.48 324,054 01 Feb 2023 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 2020-2022 Long Term Incentive Compensation plan.
F2 In connection with the grant of the unrestricted stock award (18,738 shares) on February 1, 2023, 9,615 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations.