Tanya Brady - 04 May 2022 Form 4 Insider Report for Phillips Edison & Company, Inc. (PECO)

Role
EVP, GC & Secretary
Signature
/s/ Jennifer Robison, Attorney-in-Fact
Issuer symbol
PECO
Transactions as of
04 May 2022
Net transactions value
-$24,604
Form type
4
Filing time
06 May 2022, 16:22:33 UTC
Previous filing
03 Mar 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PECO Common Stock Award $0 +966 +7.9% $0.000000 13,123 04 May 2022 Direct F1
transaction PECO Common Stock Tax liability $10,226 -293 -2.2% $34.90 12,830 04 May 2022 Direct F2
transaction PECO Common Stock Award $0 +2,716 +21% $0.000000 15,546 04 May 2022 Direct F3
transaction PECO Common Stock Tax liability $14,379 -412 -2.7% $34.90 15,134 04 May 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock earned and vested based upon the Issuer's achievement of the NAV Modifier performance metrics under the 2018-2020 Performance-Based LTIP Units.
F2 Represents shares of Common Stock surrendered to cover tax liability upon vesting of earned 2018-2020 Performance-Based LTIP Units.
F3 Represents shares of Common Stock earned based upon the Issuer's achievement of the NAV Modifier performance metrics under the 2019-2021 Performance-Based LTIP Units, 50% of which are vested and 50% of which vest on December 31, 2022, subject to continued service with the Company.
F4 Represents shares of Common Stock surrendered to cover tax liability upon vesting of earned 2019-2021 Performance-Based LTIP Units.