Michael J. Escalante - Aug 5, 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
Aug 5, 2022
Transactions value $
$0
Form type
4
Date filed
8/8/2022, 04:31 PM
Previous filing
Mar 28, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKST Common Stock Award $0 +471K +39.41% $0.00 1.67M Aug 5, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 5, 2022, the Issuer awarded the Reporting Person 471,063 time-based restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's Class E Common Stock, and 1/3 of the RSUs will vest equally on each of December 31, 2022, 2023, and 2024, provided that the Reporting Person remains continuously employed by the Issuer on each such date, subject to certain accelerated vesting provisions as provided in the award agreement for the RSUs.
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