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

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	PECO	OP Units	Gift	$0	-64,000	-19%	$0.000000	280,331	19 Dec 2024	Common Stock	64,000	Direct	F1, F2
transaction	PECO	OP Units	Gift	$0	+64,000		$0.000000	64,000	19 Dec 2024	Common Stock	64,000	By Family Member's Trust	F1, F2, F3
holding	PECO	OP Units						378,488	19 Dec 2024	Common Stock	378,488	By DJM Investments LLC	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.