Nina Momtazee Sitzer - Dec 31, 2021 Form 4 Insider Report for Griffin Realty Trust, Inc. (PKST)

Signature
/s/ Javier F. Bitar, pursuant to a power of attorney
Stock symbol
PKST
Transactions as of
Dec 31, 2021
Transactions value $
-$107,476
Form type
4
Date filed
1/13/2022, 03:28 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 -$32.4K -3.55K -3.02% $9.12 114K Dec 31, 2021 Direct F1, F2
transaction PKST Common Stock Tax liability -$75.1K -8.23K -7.2% $9.12 106K Dec 31, 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 8,021.50 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 (i) the Issuer's distribution reinvestment plan and (ii) the Issuer's monthly stock distribution to all of its stockholders, neither of which is 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 18,580.333 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:

Chief Administrative Officer, General Counsel and Secretary