Nina Momtazee Sitzer - Dec 31, 2022 Form 4 Insider Report for Griffin Realty Trust, Inc. (PKST)

Role
Chief Administrative Officer, General Counsel and Secretary
Signature
/s/ Javier F. Bitar, pursuant to a power of attorney
Stock symbol
PKST
Transactions as of
Dec 31, 2022
Transactions value $
-$198,310
Form type
4
Date filed
1/4/2023, 01:34 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 -$26.4K -3.55K -1.75% $7.43 199K Dec 31, 2022 Direct F1, F2
transaction PKST Common Stock Tax liability -$61.2K -8.23K -4.13% $7.43 191K Dec 31, 2022 Direct F2, F3
transaction PKST Common Stock Tax liability -$111K -14.9K -7.79% $7.43 176K Dec 31, 2022 Direct F2, F4
* 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 8,021.5 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 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.
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 18,580.333 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.
F4 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 33,647.333 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:

Chief Administrative Officer, General Counsel and Secretary