Jeffrey L. Swope - 07 May 2024 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role
Director
Signature
/s/ Laura P. Moon as Attorney-in-Fact for Jeffrey L. Swope
Issuer symbol
PDM
Transactions as of
07 May 2024
Net transactions value
$0
Form type
4
Filing time
08 May 2024, 17:15:10 UTC
Previous filing
12 May 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 +15,220 +21% 86,856 07 May 2024 Direct F1, F2, F3
holding PDM Common Stock 215,414 07 May 2024 By Champion Operating Partnership II, Ltd. F3

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 -15,220 -100% $0.000000* 0 07 May 2024 Common Stock 15,220 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jeffrey L. Swope is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 May 10, 2023, the reporting person was granted 15,220 restricted stock units, which vested at the 2024 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc. on May 7, 2024, and were settled in PDM common stock.
F3 The balance includes shares obtained through Piedmont's dividend reinvestment plan during the period in which the shares where obtained.