Statement of Changes in Beneficial Ownership (4)
May 12 2023 - 04:35PM
Edgar (US Regulatory)
FORM 4
☐ 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
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1. Name
and Address of Reporting Person * BARRETT
KELLY HEFNER |
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 |
|
6839 |
A |
(1)(2) |
52601 |
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 (1) |
5/10/2023 |
|
M |
|
|
6839 |
(2) |
(2) |
Common Stock |
6839 |
$0 |
0 |
D |
|
Restricted Stock Units |
$0 (1) |
5/10/2023 |
|
A |
|
15220 |
|
(3) |
(3) |
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 May 11, 2022, the
reporting person was granted 6,839 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) |
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
|
Director |
10% Owner |
Officer |
Other |
BARRETT KELLY HEFNER
5565 GLENRIDGE CONNECTOR
STE. 450
ATLANTA, GA 30342 |
X |
|
|
|
Signatures
|
/s/ Laura P. Moon as Attorney-in-Fact for Kelly
H. Barrett |
|
5/12/2023 |
**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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