Tanya Brady - 04 Aug 2023 Form 4 Insider Report for Phillips Edison & Company, Inc. (PECO)

Role
EVP, GC & Secretary
Signature
/s/ Jennifer Robison, Attorney-in-Fact
Issuer symbol
PECO
Transactions as of
04 Aug 2023
Net transactions value
-$9,025
Form type
4
Filing time
08 Aug 2023, 16:30:25 UTC
Previous filing
03 Mar 2023
Next filing
03 Jan 2024
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 +1,680 +10% $0.000000 18,153 04 Aug 2023 Direct F1
transaction PECO Common Stock Tax liability $9,025 -254 -1.4% $35.53 17,899 04 Aug 2023 Direct F2
* 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.