Robert K. Wiberg - 31 Dec 2024 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role
EVP-NE Reg&Head of Development
Signature
/s/ Laura P. Moon as Attorney-in-Fact for Robert K. Wiberg
Issuer symbol
PDM
Transactions as of
31 Dec 2024
Net transactions value
-$198,326
Form type
4
Filing time
03 Jan 2025, 16:27:38 UTC
Previous filing
27 Feb 2024
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 $0 +42,982 +28% $0.000000 197,562 31 Dec 2024 Direct
transaction PDM Common Stock Tax liability $198,326 -21,675 -11% $9.15 175,887 31 Dec 2024 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 -42,982 -100% $0.000000 0 31 Dec 2024 Common Stock 42,982 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Robert K. Wiberg is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the vesting of 42,982 shares of common stock on December 31, 2024, 21,675 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations.
F2 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.
F3 On December 31, 2024, the reporting person's deferred stock units vested upon termination of employment.