0001042776-23-000034.txt : 20230214
0001042776-23-000034.hdr.sgml : 20230214
20230214165834
ACCESSION NUMBER: 0001042776-23-000034
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230210
FILED AS OF DATE: 20230214
DATE AS OF CHANGE: 20230214
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bowers Robert E
CENTRAL INDEX KEY: 0001327008
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34626
FILM NUMBER: 23631097
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_167641188298639.xml
FORM 4
X0306
4
2023-02-10
0
0001042776
Piedmont Office Realty Trust, Inc.
PDM
0001327008
Bowers Robert E
5565 GLENRIDGE CONNECTOR
STE. 450
ATLANTA
GA
30342
0
1
0
0
EVP-CFO&Admin Off
Common Stock
2023-02-10
4
M
0
8160
A
332214
D
Common Stock
2023-02-10
4
F
0
3925
10.40
D
328289
D
Common Stock
2023-02-13
4
M
0
12749
A
341038
D
Common Stock
2023-02-13
4
F
0
6133
10.55
D
334905
D
Restricted Stock Units
0.0
2023-02-10
4
M
0
8160
0
D
Common Stock
8160.0
35557
D
Restricted Stock Units
0.0
2023-02-13
4
A
0
50995
0
A
Common Stock
50995.0
86552
D
Restricted Stock Units
0.0
2023-02-13
4
M
0
12749
0
D
Common Stock
12749.0
73803
D
On February 10, 2022, the reporting person was granted 32,641 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 10, 2023, 25% of the grant vested (8,160 shares), and were settled in PDM common stock. In connection with this vesting, 3,925 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
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.
On February 13, 2023, the reporting person was granted 50,995 restricted stock units, vesting in four equal, annual installments beginning on the grant date. As such, 25% of the grant vested (12,749 shares) on February 13, 2023, and were settled in PDM common stock. In connection with this vesting, 6,133 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
/s/ Laura P. Moon as Attorney-in-Fact for Robert E. Bowers
2023-02-14