George M. Wells - Feb 1, 2023 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role
EVP- Chief Operating Officer
Signature
/s/ Laura P. Moon as Attorney-in-Fact for George M. Wells
Stock symbol
PDM
Transactions as of
Feb 1, 2023
Transactions value $
-$36,093
Form type
4
Date filed
2/3/2023, 03:32 PM
Previous filing
May 4, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDM Common Stock Award $0 +6.45K +7.92% $0.00 87.8K Feb 1, 2023 Direct F1
transaction PDM Common Stock Tax liability -$36.1K -3.44K -3.92% $10.48 84.4K Feb 1, 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 (6,448 shares) on February 1, 2023, 3,444 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations.