Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PECO | Class B Units | Options Exercise | $0 | -49.6K | -100% | $0.00* | 0 | Jul 15, 2024 | Common Stock | 49.6K | Direct | F1, F2 | |
transaction | PECO | OP Units | Options Exercise | $0 | +49.6K | +4.04% | $0.00 | 1.28M | Jul 15, 2024 | Common Stock | 49.6K | Direct | F1, F2 | |
holding | PECO | OP Units | 2.15M | Jul 15, 2024 | Common Stock | 2.15M | By Sprinkles Trust LLC | F2, F3 | ||||||
holding | PECO | OP Units | 2.42M | Jul 15, 2024 | Common Stock | 2.42M | By Jeffrey Edison Family Trust | F2, F3 | ||||||
holding | PECO | OP Units | 1.13M | Jul 15, 2024 | Common Stock | 1.13M | By Edison Properties LLC | F2, F3 | ||||||
holding | PECO | OP Units | 479K | Jul 15, 2024 | Common Stock | 479K | By Spouse's Family Trust | F2, F3 | ||||||
holding | PECO | OP Units | 431K | Jul 15, 2024 | Common Stock | 431K | By Edison Family Trust | F2, F3 | ||||||
holding | PECO | OP Units | 331K | Jul 15, 2024 | Common Stock | 331K | By Edison Ventures Trust | F2, F3 | ||||||
holding | PECO | OP Units | 277K | Jul 15, 2024 | Common Stock | 277K | By Old 97, Inc | F2, F3 | ||||||
holding | PECO | OP Units | 211K | Jul 15, 2024 | Common Stock | 211K | By Spouse's Trust | F2, F3 | ||||||
holding | PECO | OP Units | 60.6K | Jul 15, 2024 | Common Stock | 60.6K | By Father's Trust | F2, F3 |
Id | Content |
---|---|
F1 | Represents the vesting of Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP"), previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO OP ("OP Units"), but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, could over time achieve full parity with the OP Units for all purposes. Upon vesting, having previously achieved full parity with OP Units, the Class B Units were converted into an equal number of OP Units. The Class B Units have no expiration date. |
F2 | OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of PECO OP, shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date and are not subject to vesting. |
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. |