Devin Ignatius Murphy - 04 Aug 2022 Form 4 Insider Report for Phillips Edison & Company, Inc. (PECO)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Aug 2022, 16:18:31 UTC
Prior SEC filing
06 May 2022
Next SEC filing
22 Sep 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jennifer Robison, Attorney-in-Fact

Key filing fact

Devin Ignatius Murphy filed Form 4 for Phillips Edison & Company, Inc. (PECO) on 05 Aug 2022.

Key facts

  • This page summarizes Devin Ignatius Murphy's Form 4 filing for Phillips Edison & Company, Inc. (PECO).
  • 2 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 05 Aug 2022, 16:18.

Change

  • Previous filing in this sequence was filed on 06 May 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PECO transaction Derivative

Class B Units

Options Exercise

Transaction value
$0
Shares
-11,243
Change %
-100%
Price
$0.000000*
Shares after
0
Date
04 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,243
Exercise price
Footnotes
F1, F2
PECO transaction Derivative

OP Units

Options Exercise

Transaction value
$0
Shares
+11,243
Change %
+4.9%
Price
$0.000000
Shares after
240,868
Date
04 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,243
Exercise price
Footnotes
F1, F2
PECO holding Derivative

OP Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
378,488
Date
04 Aug 2022
Ownership
By DJM Investments LLC
Underlying class
Common Stock
Underlying amount
378,488
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Limited partnership interests ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP") are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of PECO OP, shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.

Footnote F2

Represents the conversion of vested Class B Units of limited partnership interests ("Class B Units") in PECO OP previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs, into OP Units in PECO OP. At issuance, the Class B Units did not have full parity with the OP Units, but upon achieving parity with the OP Units under the PECO OP's partnership agreement, based upon capital account balance per unit, and upon satisfaction of applicable vesting conditions, the Class B Units convert to OP Units on a one-for-one basis. The Class B Units have no expiration date.

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