Craig J. Phillips - 31 Dec 2021 Form 4 Insider Report for Griffin Realty Trust, Inc. (PKST)

Role
Managing Director, Industrial Properties
Signature
/s/ Javier F. Bitar, pursuant to a power of attorney
Issuer symbol
PKST
Transactions as of
31 Dec 2021
Net transactions value
-$43,362
Form type
4
Filing time
13 Jan 2022, 15:27:30 UTC
Next filing
28 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKST Common Stock Tax liability $7,522 -825 -1.9% $9.12 42,440 31 Dec 2021 Direct F1
transaction PKST Common Stock Tax liability $35,840 -3,930 -9.3% $9.12 38,510 31 Dec 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 1,949.75 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, Industrial Properties