Statement of Changes in Beneficial Ownership (4)
09 Dezember 2022 - 10:37PM
Edgar (US Regulatory)
FORM 4
[X] Check this box if no longer subject to
Section 16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
|
|
1. Name
and Address of Reporting Person *
Prescott Thomas R. |
2. Issuer Name and Ticker or Trading
Symbol Piedmont Office Realty Trust, Inc. [ PDM
] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
EVP-Midwest Rgn-CoHead Devlpmt |
(Last)
(First)
(Middle)
5565 GLENRIDGE CONNECTOR, STE. 450 |
3. Date of Earliest Transaction (MM/DD/YYYY)
12/7/2022
|
(Street)
ATLANTA, GA 30342
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
12/7/2022 |
|
M |
|
14393 |
A |
$0 (1) |
98919.8986 (2) |
D |
|
Common Stock |
12/7/2022 |
|
A |
|
15616 (3) |
A |
$0 |
114535.8986 (2) |
D |
|
Common Stock |
12/7/2022 |
|
F |
|
9696 (4) |
D |
$9.04 |
104839.8986 (2) |
D |
|
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Stock Units |
$0.0 (1) |
12/7/2022 |
|
M |
|
|
14393 |
(5) |
(5) |
Common Stock |
14393.0 |
$0 |
0 |
D |
|
Explanation of
Responses: |
(1) |
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. |
(2) |
The balance includes shares
obtained through Piedmont's dividend reinvestment plan during the
period in which the shares where obtained. |
(3) |
Shares were granted on a
pro-rata basis without restriction pursuant to the performance
share component of the Long Term Incentive Compensation plan for
the 2020-2022,2021-2023, and 2022-2024 performance
periods. |
(4) |
In connection with the
vesting of 30,009 shares of common stock on December 7, 2022, 9,696
shares were forfeited by the reporting person and delivered to the
Company to satisfy tax withholding obligations. |
(5) |
Remaining outstanding
restricted stock units vested on December 7, 2022. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Prescott Thomas R.
5565 GLENRIDGE CONNECTOR
STE. 450
ATLANTA, GA 30342 |
|
|
EVP-Midwest Rgn-CoHead Devlpmt |
|
Signatures
|
/s/ Laura P. Moon as Attorney-in-Fact for Thomas
R. Prescott |
|
12/9/2022 |
**Signature of
Reporting Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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