Jennifer L. Robison - 01 Mar 2023 Form 4 Insider Report for Phillips Edison & Company, Inc. (PECO)

Role
Chief Accounting Officer & SVP
Signature
Jennifer Robison
Issuer symbol
PECO
Transactions as of
01 Mar 2023
Net transactions value
-$13,043
Form type
4
Filing time
03 Mar 2023, 15:40:25 UTC
Previous filing
17 Jan 2023
Next filing
08 Aug 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 +3,255 +16% $0.000000 24,020 01 Mar 2023 Direct F1
transaction PECO Common Stock Award $0 +1,340 +5.6% $0.000000 25,360 01 Mar 2023 Direct F2
transaction PECO Common Stock Tax liability $6,319 -187 -0.74% $33.79 25,173 01 Mar 2023 Direct F3
transaction PECO Common Stock Tax liability $6,724 -199 -0.79% $33.79 24,974 01 Mar 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of restricted stock units that vest in four equal annual installments on the anniversary of the date of grant, subject to continued service.
F2 Represents shares of Common Stock earned based upon the Issuer's achievement of performance metrics under the 2020-2022 Performance-Based LTIP Units, 50% of which are vested and 50% of which vest on December 31, 2023, subject to continued employment.
F3 Represents shares of Common Stock surrendered to cover tax liability upon vesting of earned 2020-2022 Performance-Based LTIP Units.
F4 Represents shares of Common Stock surrendered to cover tax liability upon vesting of restricted stock units.