Venkatesh S. Durvasula - 07 May 2025 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role
Director
Signature
/s/ Laura P. Moon, as Attorney-in-Fact for Venkatesh S. Durvasula
Issuer symbol
PDM
Transactions as of
07 May 2025
Net transactions value
-$27,994
Form type
4
Filing time
08 May 2025, 16:20:28 UTC
Previous filing
08 May 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Durvasula Venkatesh S. Director 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA /s/ Laura P. Moon, as Attorney-in-Fact for Venkatesh S. Durvasula 08 May 2025 0001567034

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDM Common Stock Options Exercise $0 +14,388 +90% $0.000000 30,423 07 May 2025 Direct
transaction PDM Common Stock Tax liability $27,994 -4,172 -14% $6.71 26,251 07 May 2025 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 -14,388 -100% $0.000000 0 07 May 2025 Common Stock 14,388 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Venkatesh S. Durvasula 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 14,388 shares of deferred stock on May 7, 2025, 4,172 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations.
F2 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.
F3 On May 7, 2024, at the 2024 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc., the reporting person was granted 14,388 restricted stock units, which vested on the anniversary of the grant date, and was settled in PDM common stock.