0001042776-23-000054.txt : 20230221
0001042776-23-000054.hdr.sgml : 20230221
20230221163950
ACCESSION NUMBER: 0001042776-23-000054
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230217
FILED AS OF DATE: 20230221
DATE AS OF CHANGE: 20230221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Guilbert Edward H III
CENTRAL INDEX KEY: 0001777604
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34626
FILM NUMBER: 23648805
MAIL ADDRESS:
STREET 1: 5565 GLENRIDGE CONNECTOR
STREET 2: SUITE 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_167701554382674.xml
FORM 4
X0306
4
2023-02-17
0
0001042776
Piedmont Office Realty Trust, Inc.
PDM
0001777604
Guilbert Edward H III
5565 GLENRIDGE CONNECTOR
SUITE 450
ATLANTA
GA
30342
0
1
0
0
EVP - Finance & Treasurer
Common Stock
2023-02-17
4
M
0
2551
A
71865
D
Common Stock
2023-02-17
4
F
0
1100
10.04
D
70765
D
Common Stock
2023-02-19
4
M
0
1280
A
72045
D
Common Stock
2023-02-19
4
F
0
552
10.04
D
71493
D
Restricted Stock Units
0.0
2023-02-17
4
M
0
2551
0
D
Common Stock
2551.0
19669
D
Restricted Stock Units
0.0
2023-02-19
4
M
0
1280
0
D
Common Stock
1280.0
18389
D
On February 17, 2021, the reporting person was granted 10,204 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 17, 2023, 25% of the grant vested (2,551 shares) and were settled in PDM common stock. In connection with this vesting, 1,100 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 19, 2020, the reporting person was granted 5,121 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 19, 2023, the final 25% of the grant vested (1,280 shares) and were settled in PDM common stock. In connection with this vesting, 552 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
/s/ Laura P. Moon as Attorney-in-Fact for Edward H. Guilbert III
2023-02-21