Craig J. Phillips - Dec 31, 2022 Form 4 Insider Report for Griffin Realty Trust, Inc. (PKST)

Role
Managing Director, Industrial Properties
Signature
/s/ Javier F. Bitar, pursuant to a power of attorney
Stock symbol
PKST
Transactions as of
Dec 31, 2022
Transactions value $
-$73,913
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 -$6.42K -864 -1.21% $7.43 70.6K Dec 31, 2022 Direct F1
transaction PKST Common Stock Tax liability -$30.6K -4.12K -5.83% $7.43 66.5K Dec 31, 2022 Direct F2
transaction PKST Common Stock Tax liability -$36.9K -4.97K -7.48% $7.43 61.5K 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 1,949.75 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, Industrial Properties