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

Role
EVP, GC & Secretary
Signature
/s/ Jennifer Robison, Attorney-in-Fact
Stock symbol
PECO
Transactions as of
May 4, 2022
Transactions value $
-$24,605
Form type
4
Date filed
5/6/2022, 04:22 PM
Previous filing
Mar 3, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PECO Common Stock Award $0 +966 +7.95% $0.00 13.1K May 4, 2022 Direct F1
transaction PECO Common Stock Tax liability -$10.2K -293 -2.23% $34.90 12.8K May 4, 2022 Direct F2
transaction PECO Common Stock Award $0 +2.72K +21.17% $0.00 15.5K May 4, 2022 Direct F3
transaction PECO Common Stock Tax liability -$14.4K -412 -2.65% $34.90 15.1K May 4, 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.