GARY MORRIS KATZ - 03 Jan 2022 Form 4 Insider Report for Presidio Property Trust, Inc. (SQFT)

Role
SVP, Asset Management
Signature
/s/ Waleska Neris, attorney-in-fact
Issuer symbol
SQFT
Transactions as of
03 Jan 2022
Net transactions value
+$309,756
Form type
4
Filing time
07 Jan 2022, 11:44:26 UTC
Previous filing
17 Jun 2021
Next filing
22 Sep 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 $273,661 +71,827 +92% $3.81 149,574 03 Jan 2022 Direct F1, F2
transaction SQFT COMMON STOCK - SERIES A Award $84,079 +22,068 +15% $3.81 171,642 03 Jan 2022 Direct F2, F3
transaction SQFT COMMON STOCK - SERIES A Tax liability $13,822 -3,608 -2.1% $3.83 168,034 04 Jan 2022 Direct F4, F5
transaction SQFT COMMON STOCK - SERIES A Tax liability $34,162 -9,076 -5.4% $3.76 158,958 06 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 Restricted shares granted pursuant to the Company's 2017 Incentive Award Plan. These shares vest on the date of grant.
F4 Reporting Person elected to have the Company withhold shares otherwise issuable to cover tax liabilities in connection with shares that vested on 12/31/2021 and 01/03/2022.
F5 Reflects weighted average of sales price per share to cover tax liabilities for shares scheduled that vested on 12/31/2021 and 01/03/2022.