Filing Details

Accession Number:
0001042776-20-000142
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-14 14:25:44
Reporting Period:
2020-05-13
Accepted Time:
2020-05-14 14:25:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1042776 Piedmont Office Realty Trust Inc. PDM Operators Of Nonresidential Buildings (6512) 582328421
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1447913 L. Jeffrey Swope 5565 Glenridge Connector
Ste. 450
Atlanta GA 30342
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-05-13 953 $13.76 38,496 No 4 F Direct
Common Stock Acquisiton 2020-05-13 7,185 $13.96 49,918 No 4 P Indirect By Champion Operating Partnership II, Ltd.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 P Indirect By Champion Operating Partnership II, Ltd.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2020-05-13 6,540 $0.00 6,540 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,540 No 4 A Direct
Footnotes
  1. In connection with the vesting of 4,329 shares of deferred stock on May 13, 2020, (representing 100% of a grant made at the 2019 Annual Meeting of Stockholders on May 15, 2019), 953 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations.
  2. The balance includes shares obtained through the dividend reinvestment plan of Piedmont Office Realty Trust Inc. ("Piedmont") during the period in which the shares where obtained.
  3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.95 to $13.97, inclusive. The reporting person undertakes to provide to Piedmont, any security holder of Piedmont, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
  4. 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.
  5. On May 13, 2020, at the 2020 Annual Meeting of Stockholders of Piedmont, the reporting person was granted 6,540 restricted stock units, which will vest on the earlier of the 2021 Annual Meeting of Stockholders, or the anniversary of the grant date in May 2021.