FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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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 *

Durvasula Venkatesh S.
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)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

5565 GLENRIDGE CONNECTOR, STE. 450
3. Date of Earliest Transaction (MM/DD/YYYY)

5/10/2023
(Street)

ATLANTA, GA 30342
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
(City)        (State)        (Zip)
Rule 10b5-1(c) Transaction Indication
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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 5/10/2023  M  7363 A (1)(2)7363 D  
Common Stock 5/10/2023  F  2135 (3)D$6.57 5228 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units $0 (1)5/10/2023  M     7363   (2) (2)Common Stock 7363 $0 0 D  
Restricted Stock Units $0 (1)5/10/2023  A   15220     (4) (4)Common Stock 15220 $0 15220 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) 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.
(3) 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.
(4) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Durvasula Venkatesh S.
5565 GLENRIDGE CONNECTOR
STE. 450
ATLANTA, GA 30342
X



Signatures
/s/ Laura P. Moon, as Attorney-in-Fact for Venkatesh S. Durvasula5/12/2023
**Signature of Reporting PersonDate


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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