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 *

Heilbron Jack Kendrick		 2. Issuer Name and Ticker or Trading Symbol

Presidio Property Trust, Inc. [ SQFT,SQFTP ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

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

C/O: PRESIDIO PROPERTY TRUST, INC., 4995 MURPHY CANYON RD., SUITE 300		 3. Date of Earliest Transaction (MM/DD/YYYY)

6/15/2023
(Street)

SAN DIEGO, CA 92123		 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
Preferred Stock - Series D - SQFTP 6/15/2023  P  400 A$15.55 2800 (1)D  
Common Stock - Series A - SQFT 6/15/2023  P  300 A$0.9018 317678 (2)D  
Common Stock - Series A - SQFT         22600 I Various (3)
Preferred Stock - Series D - SQFTP         2200 I Held by Puppy Toes, Inc. (4)

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
Presidio Property Trust Common Stock Warrants - SQFTW $7.00           1/24/2022 1/24/2027 SQFT Series A Common Stock 308388  308388 D  
Presidio Property Trust Common Stock Warrants - SQFTW $7.00           1/24/2022 1/24/2027 SQFT Series A Common Stock 21500  21500 I Various (5)
Explanation of Responses:
(1) 100 of the Preferred Stock - Series D shares are held in a ROTH account for the benefit of Jack Heilbron.
(2) 149,954 shares of the Series A Common Stock is held at Issuer Direct and are unvested.
(3) Shares of the Series A Common Stock are held indirectly through Mr. Heilbron's wife (10,007 shares), Puppy Toes, Inc. (11,755 shares), Centurion Counsel, Inc (238 shares) and for the benefit of Mr. Heilbron's grandchildren (600 shares).
(4) Reporting Person is the controlling shareholder of Puppy Toes, Inc.
(5) Shares of the Common Stock Warrants are held indirectly through Mr. Heilbron's wife (10,007 shares), Puppy Toes, Inc. (10,655 shares), Centurion Counsel, Inc (238 shares) and for the benefit of Mr. Heilbron's grandchildren (600 shares).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Heilbron Jack Kendrick
C/O: PRESIDIO PROPERTY TRUST, INC.
4995 MURPHY CANYON RD., SUITE 300
SAN DIEGO, CA 92123		X
CEO and President
Signatures
/s/ Jack Heilbron6/15/2023
**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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