| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PECO | Common Stock | Tax liability | $91,954 | -2,888 | -1.6% | $31.84 | 172,971 | 01 Jan 2023 | Direct | F1 |
| holding | PECO | Common Stock | 77,354 | 31 Dec 2022 | By PELP | F2, F3 | |||||
| holding | PECO | Common Stock | 33,333 | 31 Dec 2022 | By Mother's Trust | F2 | |||||
| holding | PECO | Common Stock | 33,333 | 31 Dec 2022 | By Father's Trust | F2 | |||||
| holding | PECO | Common Stock | 12,088 | 31 Dec 2022 | By Edison Properties LLC | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PECO | Class C Units | Options Exercise | $0 | -2,249 | -100% | $0.000000* | 0 | 31 Dec 2022 | Common Stock | 2,249 | Direct | F4, F5, F6 | |
| transaction | PECO | Class C Units | Options Exercise | $0 | -26,471 | -100% | $0.000000* | 0 | 31 Dec 2022 | Common Stock | 26,471 | Direct | F4, F5, F7 | |
| transaction | PECO | Class C Units | Options Exercise | $0 | -26,471 | -100% | $0.000000* | 0 | 31 Dec 2022 | Common Stock | 26,471 | Direct | F4, F5, F8 | |
| transaction | PECO | Class B Units | Options Exercise | $0 | -7,354 | -100% | $0.000000* | 0 | 01 Jan 2023 | Common Stock | 7,354 | Direct | F4, F9 | |
| transaction | PECO | Class B Units | Options Exercise | $0 | -11,143 | -33% | $0.000000 | 22,285 | 01 Jan 2023 | Common Stock | 11,143 | Direct | F4, F9, F10 | |
| transaction | PECO | OP Units | Options Exercise | $0 | +2,249 | +0.07% | $0.000000 | 3,159,007 | 31 Dec 2022 | Common Stock | 2,249 | Direct | F4, F5, F6 | |
| transaction | PECO | OP Units | Options Exercise | $0 | +26,471 | +0.84% | $0.000000 | 3,185,478 | 31 Dec 2022 | Common Stock | 26,471 | Direct | F4, F5, F7 | |
| transaction | PECO | OP Units | Options Exercise | $0 | +26,471 | +0.83% | $0.000000 | 3,211,949 | 31 Dec 2022 | Common Stock | 26,471 | Direct | F4, F5, F8 | |
| transaction | PECO | OP Units | Options Exercise | $0 | +7,354 | +0.23% | $0.000000 | 3,219,303 | 01 Jan 2023 | Common Stock | 7,354 | Direct | F4, F9 | |
| transaction | PECO | OP Units | Options Exercise | $0 | +11,143 | +0.35% | $0.000000 | 3,230,446 | 01 Jan 2023 | Common Stock | 11,143 | Direct | F4, F9 | |
| holding | PECO | OP Units | 2,424,406 | 31 Dec 2022 | Common Stock | 2,424,406 | By Jeffrey Edison Family Trust | F2, F4 | ||||||
| holding | PECO | OP Units | 1,134,215 | 31 Dec 2022 | Common Stock | 1,134,215 | By Edison Properties LLC | F2, F4 | ||||||
| holding | PECO | OP Units | 500,593 | 31 Dec 2022 | Common Stock | 500,593 | By Spouse's Family Trust | F2, F4 | ||||||
| holding | PECO | OP Units | 431,233 | 31 Dec 2022 | Common Stock | 431,233 | By Edison Family Trust | F2, F4 | ||||||
| holding | PECO | OP Units | 330,667 | 31 Dec 2022 | Common Stock | 330,667 | By Edison Ventures Trust | F2, F4 | ||||||
| holding | PECO | OP Units | 276,927 | 31 Dec 2022 | Common Stock | 276,927 | By Old 97, Inc | F2, F4 | ||||||
| holding | PECO | OP Units | 211,266 | 31 Dec 2022 | Common Stock | 211,266 | By Spouse's Trust | F2, F4 | ||||||
| holding | PECO | OP Units | 60,583 | 31 Dec 2022 | Common Stock | 60,583 | By Father's Trust | F2, F4 |
| Id | Content |
|---|---|
| F1 | Represents shares of Common Stock surrendered to cover tax liability upon vesting of restricted stock units. |
| F2 | Reflects total shares held by the entity, and as to which Mr. Edison has shared voting and dispositive power. Mr. Edison disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. |
| F3 | Phillips Edison Limited Partnership ("PELP") is a Delaware limited partnership. Mr. Edison is the manager of the general partner of PELP. |
| F4 | 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. |
| F5 | Represents the vesting of earned Class C Units of limited partnership interests ("Class C Units") in PECO OP, previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class C Units were subject to vesting, and did not have full parity with the OP Units, but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, could over time achieve full parity with the OP Units for all purposes. Upon vesting, having previously achieved full parity with OP Units, the Class C Units were converted into an equal number of OP Units. The Class C Units have no expiration date. |
| F6 | Represents the vesting of earned Class C Units issued in lieu of cash dividends accrued on the earned 2019-2021 Performance-Based LTIP Units. |
| F7 | Represents the vesting of earned Class C Units issued based upon the Issuer's achievement of the performance metrics under the 2019-2021 Performance-Based LTIP. |
| F8 | Represents the vesting of earned Class C Units issued based upon the Issuer's achievement of the NAV Modifier performance metrics under the 2019-2021 Performance-Based LTIP. |
| F9 | Represents the vesting of 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. At issuance, the Class B Units were subject to vesting, and did not have full parity with the OP Units, but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, could over time achieve full parity with the OP Units for all purposes. Upon vesting, having previously achieved full parity with OP Units, the Class B Units were converted into an equal number of OP Units. The Class B Units have no expiration date. |
| F10 | Represents the total Class B Units that have the same grant date, vesting provisions and other terms. These Class B Units will vest in increments of 11,143 units on January 1, 2024 and January 1, 2025. |