Travis W. Bushman - Dec 31, 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
Stock symbol
PKST
Transactions as of
Dec 31, 2022
Transactions value $
-$106,366
Form type
4
Date filed
1/4/2023, 01:33 PM
Previous filing
Aug 8, 2022
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PKST Common Stock Tax liability -$26.1K -3.52K -4.19% $7.43 80.4K Dec 31, 2022 Direct F1
transaction PKST Common Stock Tax liability -$36.3K -4.89K -6.08% $7.43 75.5K Dec 31, 2022 Direct F2
transaction PKST Common Stock Tax liability -$43.9K -5.91K -7.82% $7.43 69.6K Dec 31, 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