Edwin H. Bentzen IV - 05 Jan 2022 Form 4 Insider Report for Presidio Property Trust, Inc. (SQFT)

Role
Chief Accounting Officer
Signature
/s/ Waleska Neris, attorney-in-fact
Issuer symbol
SQFT
Transactions as of
05 Jan 2022
Net transactions value
+$81,647
Form type
4
Filing time
05 Jan 2022, 17:02:37 UTC
Previous filing
17 Jun 2021
Next filing
11 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQFT COMMON STOCK - SERIES A Award $82,574 +21,673 +361% $3.81 27,673 03 Jan 2022 Direct F1, F2, F3
transaction SQFT COMMON STOCK - SERIES A Tax liability $927 -242 -0.87% $3.83 27,431 03 Jan 2022 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares granted pursuant to the Company's 2017 Incentive Award Plan. These shares vest evenly over a three (3) year period at the end of each calendar year.
F2 Reflects trailing 20 day average closing price for Grants Issued.
F3 Reflects additional 6,000 shares granted on 3/1/2021 that were accidentally omitted.
F4 Reporting Person elected to have the Company withhold shares otherwise issuable to cover tax liabilities.
F5 Reflects weighted average of sales price per share to cover tax liabilities.