Jennifer L. Robison - 01 Mar 2024 Form 4 Insider Report for Phillips Edison & Company, Inc. (PECO)

Signature
Jennifer Robison
Issuer symbol
PECO
Transactions as of
01 Mar 2024
Net transactions value
-$23,366
Form type
4
Filing time
05 Mar 2024, 16:41:30 UTC
Previous filing
03 Jan 2024
Next filing
17 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PECO Common Stock Award $0 +3,292 +13% $0.000000 28,029 01 Mar 2024 Direct F1
transaction PECO Common Stock Award $0 +1,406 +5% $0.000000 29,435 01 Mar 2024 Direct F2
transaction PECO Common Stock Tax liability $23,366 -658 -2.2% $35.51 28,777 01 Mar 2024 Direct F3
* 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 2021-2023 Performance-Based LTIP Units, 50% of which are vested and 50% of which vest on December 31, 2024, subject to continued service.
F3 Represents shares of Common Stock surrendered to cover tax liability upon vesting of earned restricted stock and 2021-2023 Performance-Based LTIP Units.