Travis W. Bushman - 31 Dec 2022 Form 4 Insider Report for Griffin Realty Trust, Inc. (PKST)

Role
Managing Director, Asset Management
Signature
/s/ Javier F. Bitar, pursuant to a power of attorney
Issuer symbol
PKST
Transactions as of
31 Dec 2022
Net transactions value
-$106,366
Form type
4
Filing time
04 Jan 2023, 13:33:07 UTC
Previous filing
08 Aug 2022
Next filing
24 Mar 2023
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 $26,149 -3,519 -4.2% $7.43 80,439 31 Dec 2022 Direct F1
transaction PKST Common Stock Tax liability $36,343 -4,891 -6.1% $7.43 75,548 31 Dec 2022 Direct F2
transaction PKST Common Stock Tax liability $43,875 -5,905 -7.8% $7.43 69,643 31 Dec 2022 Direct 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, 2022, of 6,684.5 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, 2022, 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.
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, 2022, of 11,215.667 previously reported, time-based restricted stock units granted to the Reporting Person on August 5, 2022. The shares of Class E Common Stock underlying the restricted stock units were delivered upon vesting.

Remarks:

Managing Director, Asset Management