Edward H. Guilbert III - 01 Oct 2023 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role
EVP - Finance
Signature
/s/ Laura P. Moon as Attorney-in-Fact for Edward H. Guilbert III
Issuer symbol
PDM
Transactions as of
01 Oct 2023
Net transactions value
-$72,189
Form type
4
Filing time
03 Oct 2023, 16:38:13 UTC
Previous filing
20 Mar 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 Options Exercise +29,793 +40% 104,136 01 Oct 2023 Direct F1
transaction PDM Common Stock Tax liability $72,189 -12,845 -12% $5.62 91,291 01 Oct 2023 Direct F1

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 -29,793 -100% $0.000000* 0 01 Oct 2023 Common Stock 29,793 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Edward H. Guilbert III is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On October 1, 2023, 29,793 deferred stock award units vested and were settled in PDM common stock. In connection with this vesting, 12,845 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.