Christopher A. Kollme - 03 Feb 2025 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Signature
/s/ Laura P. Moon as Attorney-in-Fact for Christopher A. Kollme
Issuer symbol
PDM
Transactions as of
03 Feb 2025
Net transactions value
-$36,977
Form type
4
Filing time
05 Feb 2025, 16:59:23 UTC
Previous filing
27 Feb 2024
Next filing
12 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDM Common Stock Award $0 +8,182 +10% $0.000000 88,690 03 Feb 2025 Direct F1
transaction PDM Common Stock Tax liability $36,977 -4,340 -4.9% $8.52 84,350 03 Feb 2025 Direct F2

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 Award $0 +18,779 +40% $0.000000 65,307 03 Feb 2025 Common Stock 18,779 $0.000000 Direct F3, F4
* 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 2022-2024 Long Term Incentive Compensation plan.
F2 In connection with the vesting of the unrestricted stock award (8,182 shares) on February 3, 2025, 4,340 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations.
F3 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.
F4 On February 3, 2025, the reporting person was granted 18,779 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date.