Devin Ignatius Murphy - Dec 19, 2024 Form 4 Insider Report for Phillips Edison & Company, Inc. (PECO)

Role
Director
Signature
/s/ Jennifer Robison, Attorney-in-Fact
Stock symbol
PECO
Transactions as of
Dec 19, 2024
Transactions value $
$0
Form type
4
Date filed
12/23/2024, 04:32 PM
Previous filing
Nov 14, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PECO OP Units Gift $0 -64K -18.59% $0.00 280K Dec 19, 2024 Common Stock 64K Direct F1, F2
transaction PECO OP Units Gift $0 +64K $0.00 64K Dec 19, 2024 Common Stock 64K By Family Member's Trust F1, F2, F3
holding PECO OP Units 378K Dec 19, 2024 Common Stock 378K By DJM Investments LLC F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Limited partnership interests ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP") 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.
F2 Represents a gift of OP Units by the reporting person to a trust for the benefit of the reporting person's family member. The reporting person's spouse has dispositive control of the OP units.
F3 Mr. Murphy disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.