Robert E. Bowers - 17 Feb 2024 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Feb 2024, 16:21:39 UTC
Prior SEC filing
14 Feb 2024
Next SEC filing
27 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Laura P. Moon as Attorney-in-Fact for Robert E. Bowers
Filing notes and source

Key filing fact

Robert E. Bowers filed Form 4 for Piedmont Office Realty Trust, Inc. (PDM) on 21 Feb 2024.

Key facts

  • This page summarizes Robert E. Bowers's Form 4 filing for Piedmont Office Realty Trust, Inc. (PDM).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 21 Feb 2024, 16:21.

Change

  • Previous filing in this sequence was filed on 14 Feb 2024.
  • Current net transaction value: -$23,736.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PDM transaction

Common Stock

Options Exercise

Transaction value
Shares
+7,288
Change %
+2.1%
Price
Shares after
360,811
Date
17 Feb 2024
Ownership
Direct
Footnotes
F1, F2
PDM transaction

Common Stock

Tax liability

Transaction value
$23,736
Shares
-3,506
Change %
-0.97%
Price
$6.77
Shares after
357,305
Date
17 Feb 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PDM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-7,288
Change %
-9.1%
Price
$0.000000
Shares after
72,939
Date
17 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,288
Exercise price
$0.000000
Footnotes
F1, F2
PDM transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+57,252
Change %
+78%
Price
$0.000000
Shares after
130,191
Date
20 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
57,252
Exercise price
$0.000000
Footnotes
F1, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election.

Footnote F2

On February 17, 2021, the reporting person was granted 29,155 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 17, 2024, the final 25% of the grant vested (7,288 shares) and were settled in PDM common stock. In connection with this vesting, 3,506 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.

Footnote F3

On February 20, 2024, the reporting person was granted 57,252 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date.

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