Jeffrey Edison - Aug 4, 2023 Form 4 Insider Report for Phillips Edison & Company, Inc. (PECO)

Role
Chairman and CEO, Director
Signature
/s/ Jennifer Robison, Attorney-in-Fact
Stock symbol
PECO
Transactions as of
Aug 4, 2023
Transactions value $
-$219,931
Form type
4
Date filed
8/8/2023, 04:29 PM
Previous filing
Mar 3, 2023
Next filing
Nov 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PECO Common Stock Award $0 +27.3K +12.77% $0.00 241K Aug 4, 2023 Direct F1
transaction PECO Common Stock Tax liability -$220K -6.19K -2.57% $35.53 235K Aug 4, 2023 Direct F2
holding PECO Common Stock 77.4K Aug 4, 2023 By PELP F3, F4
holding PECO Common Stock 33.3K Aug 4, 2023 By Father's Trust F3
holding PECO Common Stock 12.1K Aug 4, 2023 By Edison Properties LLC F3
holding PECO Common Stock 11.1K Aug 4, 2023 By Jeffrey Edison Trust F3
holding PECO Common Stock 11.1K Aug 4, 2023 By Brother's Trust F3
holding PECO Common Stock 11.1K Aug 4, 2023 By Sister in Law's Trust F3
* 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 based upon the Issuer's achievement of the NAV Modifier 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 service with the Company.
F2 Represents shares of Common Stock surrendered to cover tax liability upon vesting of earned 2020-2022 Performance-Based LTIP Units.
F3 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.
F4 Phillips Edison Limited Partnership ("PELP") is a Delaware limited partnership. Mr. Edison is the manager of the general partner of PELP.