0001042776-17-000159.txt : 20170526 0001042776-17-000159.hdr.sgml : 20170526 20170526064623 ACCESSION NUMBER: 0001042776-17-000159 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170524 FILED AS OF DATE: 20170526 DATE AS OF CHANGE: 20170526 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Piedmont Office Realty Trust, Inc. CENTRAL INDEX KEY: 0001042776 STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512] IRS NUMBER: 582328421 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11695 JOHNS CREEK PARKWAY STREET 2: STE 350 CITY: JOHNS CREEK STATE: GA ZIP: 30097 BUSINESS PHONE: 7704188800 MAIL ADDRESS: STREET 1: 11695 JOHNS CREEK PARKWAY STREET 2: STE 350 CITY: JOHNS CREEK STATE: GA ZIP: 30097 FORMER COMPANY: FORMER CONFORMED NAME: WELLS REAL ESTATE INVESTMENT TRUST INC DATE OF NAME CHANGE: 19980515 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Prescott Thomas R. CENTRAL INDEX KEY: 0001621377 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34626 FILM NUMBER: 17871718 MAIL ADDRESS: STREET 1: 11695 JOHNS CREEK PARKWAY STREET 2: STE. 350 CITY: JOHNS CREEK STATE: GA ZIP: 30097 4 1 wf-form4_149579556788132.xml FORM 4 X0306 4 2017-05-24 0 0001042776 Piedmont Office Realty Trust, Inc. PDM 0001621377 Prescott Thomas R. 11695 JOHNS CREEK PARKWAY STE 350 JOHNS CREEK GA 30097 0 1 0 0 EVP-Midwest Region Common Stock 2017-05-24 4 D 0 502 21.59 D 23059 D Common Stock 2017-05-24 4 F 0 469 21.59 D 22590 D Mr. Prescott was awarded 8,036 shares on May 24, 2016. Of the award, 25% vested on the day of the grant (2,009 shares), of which 503 shares were deferred directly into the Piedmont Office Realty Trust, Inc. (the "Issuer") Executive NonQualified Deferred Compensation Plan ("NQDCP") (approved by the Board of Directors of the Issuer on December 5, 2013), and 1,506 shares vested into Mr. Prescott's stock account. The remaining award (6,027 shares) vests ratably on the anniversary date of the award over the following three years. On May 24, 2017, 2,009 shares of the award mentioned above vested. Mr. Prescott again elected to defer 25% of the award (equivalent of 502 shares) into the NQDCP. A cash contribution equal to the dollar value of the 502 shares to be deferred (price determined in accordance with the NQDCP as the closing stock price on the date of the deferral) was credited to a Rabbi Trust established by the Issuer. The investments of the Rabbi Trust are substantially the same as the investments selected under the Issuer's 401(k) plan, including various mutual funds, but does not include ownership of Issuer common stock. Payouts under the NQDCP will be made only in cash. In connection with the vesting of 1,507 shares on May 24, 2017, (2,009 shares of the vesting of the award less the 502 shares converted to cash and deferred into the NQDCP), 469 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations. /s/ Laura P. Moon as Attorney-in-Fact for Thomas R. Prescott 2017-05-26