Michael J. Escalante - Mar 25, 2022 Form 4 Insider Report for Griffin Realty Trust, Inc. (PKST)

Role
Chief Executive Officer and President, Director
Signature
/s/ Michael J. Escalante
Stock symbol
PKST
Transactions as of
Mar 25, 2022
Transactions value $
-$210,776
Form type
4
Date filed
3/28/2022, 02:33 PM
Previous filing
Jan 13, 2022
Next filing
Aug 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKST Common Stock Tax liability -$211K -23.1K -1.9% $9.12 1.2M Mar 25, 2022 Direct F1, 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 March 25, 2022, of 43,896.250 previously reported, time-based restricted stock units granted to the Reporting Person on March 25, 2021. 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.

Remarks:

Chief Executive Officer and President