Travis W. Bushman - Dec 31, 2021 Form 4 Insider Report for Griffin Realty Trust, Inc. (PKST)

Role
Managing Director, Asset Management
Signature
/s/ Javier F. Bitar, pursuant to a power of attorney
Stock symbol
PKST
Transactions as of
Dec 31, 2021
Transactions value $
-$70,878
Form type
4
Date filed
1/13/2022, 03:27 PM
Next filing
Mar 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKST Common Stock Tax liability -$29.7K -3.25K -5.53% $9.12 55.6K Dec 31, 2021 Direct F1
transaction PKST Common Stock Tax liability -$41.2K -4.52K -8.13% $9.12 51K Dec 31, 2021 Direct F2
* 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 6,684.50 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 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 9,290.333 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