Javier F. Bitar - 25 Mar 2022 Form 4 Insider Report for Griffin Realty Trust, Inc. (PKST)

Signature
/s/ Javier F. Bitar
Issuer symbol
PKST
Transactions as of
25 Mar 2022
Net transactions value
-$61,371
Form type
4
Filing time
28 Mar 2022, 14:35:50 UTC
Previous filing
13 Jan 2022
Next filing
08 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKST Common Stock Tax liability $61,371 -6,729 -2.1% $9.12 316,702 25 Mar 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 12,541.750 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 Financial Officer and Treasurer