Edwin Bentzen - Jan 3, 2023 Form 4 Insider Report for Presidio Property Trust, Inc. (SQFT)

Role
Chief Accounting Officer
Signature
/s/ Waleska Neris, attorney-in-fact
Stock symbol
SQFT
Transactions as of
Jan 3, 2023
Transactions value $
$81,404
Form type
4
Date filed
1/4/2023, 03:38 PM
Previous filing
Oct 5, 2022
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQFT Common Stock - Series A Award $85.7K +83.2K +282.57% $1.03 113K Jan 3, 2023 Direct F1, F2
transaction SQFT Common Stock - Series A Tax liability -$4.25K -4.48K -3.98% $0.95 108K Jan 3, 2023 Direct F3, F4
holding SQFT Restricted Stock - Series D 200 Jan 3, 2023 Direct
* 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 Reporting Person elected to have the Company withhold shares otherwise issuable to cover tax liabilities in connection with shares scheduled to vest on 12/31/2022.
F4 Reflects weighted average of price per share withheld to cover tax liabilities for shares scheduled to vest on 12/31/2022.