Mark Chrisman - 31 Dec 2021 Form 4 Insider Report for Griffin Realty Trust, Inc. (PKST)

Signature
/s/ Javier F. Bitar, pursuant to a power of attorney
Issuer symbol
PKST
Transactions as of
31 Dec 2021
Net transactions value
-$51,633
Form type
4
Filing time
13 Jan 2022, 15:26:34 UTC
Next filing
28 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKST Common Stock Tax liability $21,605 -2,369 -4.9% $9.12 45,990 31 Dec 2021 Direct F1, F2
transaction PKST Common Stock Tax liability $30,028 -3,293 -7.2% $9.12 42,698 31 Dec 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class E Common Stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting, on December 31, 2021, of 5,347.50 previously reported, time-based restricted stock units granted to the Reporting Person on January 15, 2020. The shares of Class E Common Stock underlying the restricted stock units were delivered upon vesting.
F2 Includes shares of Class E Common Stock of the Issuer previously issued to the Reporting Person as a distribution pursuant to the Issuer's distribution reinvestment plan, which is not required to be reported on a Form 4.
F3 Represents shares of Class E Common Stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting, on December 31, 2021, of 7,432.333 previously reported, time-based restricted stock units granted to the Reporting Person on January 22, 2021. The shares of Class E Common Stock underlying the restricted stock units were delivered upon vesting.

Remarks:

Managing Director, Asset Management