Adam Sragovicz - 03 Jan 2023 Form 4 Insider Report for Presidio Property Trust, Inc. (SQFT)

Signature
/s/ Waleska Neris, attorney-in-fact
Issuer symbol
SQFT
Transactions as of
03 Jan 2023
Net transactions value
+$273,596
Form type
4
Filing time
04 Jan 2023, 15:52:33 UTC
Previous filing
22 Sep 2022
Next filing
05 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQFT Common Stock - Series A Award $286,143 +277,809 +210% $1.03 409,979 03 Jan 2023 Direct F1
transaction SQFT Common Stock - Series A Tax liability $12,548 -13,208 -3.2% $0.9500 396,771 03 Jan 2023 Direct F2, F3
holding SQFT Preferred Stock - Series D 1,800 03 Jan 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 have a three (3) year vesting period.
F2 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.
F3 Reflects weighted average of price per share withheld to cover tax liabilities for shares scheduled to vest on 12/31/2022.