4//SEC Filing
Durvasula Venkatesh S. 4
Accession 0001042776-23-000125
CIK 0001042776other
Filed
May 11, 8:00 PM ET
Accepted
May 12, 4:37 PM ET
Size
11.2 KB
Accession
0001042776-23-000125
Insider Transaction Report
Form 4
Durvasula Venkatesh S.
Director
Transactions
- Exercise/Conversion
Common Stock
2023-05-10+7,363→ 7,363 total - Tax Payment
Common Stock
2023-05-10$6.57/sh−2,135$14,027→ 5,228 total - Exercise/Conversion
Restricted Stock Units
2023-05-10−7,363→ 0 totalExercise: $0.00→ Common Stock (7,363 underlying) - Award
Restricted Stock Units
2023-05-10+15,220→ 15,220 totalExercise: $0.00→ Common Stock (15,220 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of PDM common stock. Restricted stock units may be settled in cash or common stock at PDM's election.
- [F2]On October 25, 2022, the reporting person was granted 7,363 restricted stock units, which vested at the 2023 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc. on May 10, 2023, and were settled in PDM common stock.
- [F3]In connection with the vesting of 7,363 shares of deferred stock on May 10, 2023, 2,135 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations.
- [F4]On May 10, 2023, at the 2023 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc., the reporting person was granted 15,220 restricted stock units, which will vest on the earlier of the 2024 Annual Meeting of Stockholders, or the anniversary of the grant date in May 2024.
Documents
Issuer
Piedmont Office Realty Trust, Inc.
CIK 0001042776
Entity typeother
Related Parties
1- filerCIK 0001567034
Filing Metadata
- Form type
- 4
- Filed
- May 11, 8:00 PM ET
- Accepted
- May 12, 4:37 PM ET
- Size
- 11.2 KB