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

Role
EVP, GC & Secretary
Signature
/s/ Jennifer Robison, Attorney-in-Fact
Stock symbol
PECO
Transactions as of
Aug 4, 2023
Transactions value $
-$9,025
Form type
4
Date filed
8/8/2023, 04:30 PM
Previous filing
Mar 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PECO Common Stock Award $0 +1.68K +10.2% $0.00 18.2K Aug 4, 2023 Direct F1
transaction PECO Common Stock Tax liability -$9.02K -254 -1.4% $35.53 17.9K Aug 4, 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.