0001042776-20-000174.txt : 20200519 0001042776-20-000174.hdr.sgml : 20200519 20200519163331 ACCESSION NUMBER: 0001042776-20-000174 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200517 FILED AS OF DATE: 20200519 DATE AS OF CHANGE: 20200519 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: 20894139 MAIL ADDRESS: STREET 1: 5565 GLENRIDGE CONNECTOR STREET 2: STE. 450 CITY: ATLANTA STATE: GA ZIP: 30342 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: 5565 GLENRIDGE CONNECTOR STREET 2: STE 450 CITY: ATLANTA STATE: GA ZIP: 30342 BUSINESS PHONE: 7704188800 MAIL ADDRESS: STREET 1: 5565 GLENRIDGE CONNECTOR STREET 2: STE 450 CITY: ATLANTA STATE: GA ZIP: 30342 FORMER COMPANY: FORMER CONFORMED NAME: WELLS REAL ESTATE INVESTMENT TRUST INC DATE OF NAME CHANGE: 19980515 4 1 wf-form4_158992039307171.xml FORM 4 X0306 4 2020-05-17 0 0001042776 Piedmont Office Realty Trust, Inc. PDM 0001621377 Prescott Thomas R. 5565 GLENRIDGE CONNECTOR STE. 450 ATLANTA GA 30342 0 1 0 0 EVP-Midwest Region Common Stock 2020-05-17 4 F 0 657 13.60 D 52178 D Common Stock 2020-05-18 4 D 0 454 14.70 D 51724 D Common Stock 2020-05-18 4 F 0 400 14.70 D 51324 D In connection with the vesting of 2,240 shares on May 17, 2020 (representing 25% of deferred stock granted on May 17, 2018), 657 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations. Of the 1,817 shares that vested on May 18, 2020, representing 25% of an initial award granted on May 18, 2017, Mr. Prescott elected to defer 25% of the award (equivalent of 454 shares) 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). A cash contribution approximating the dollar value of the amount to be deferred will be covered by a Rabbi Trust established by the Issuer. Under the terms of the NQDCP, the dollar amount of the deferral is credited to the Rabbi Trust instead of crediting shares to the participant's share account. The investments of the Rabbi Trust will be substantially the same as the investments selected under the Issuer's 401(k) plan, including various mutual funds, but will not include ownership of Issuer common stock. Payouts under the NQDCP will be made only in cash. In connection with the vesting of 1,363 shares on May 18, 2020, representing deferred stock vested net of deferral into the NQDCP mentioned above, 400 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations. /s/ Laura P. Moon as Attorney-in-Fact for Thomas R. Prescott 2020-05-19