0000899243-21-000150.txt : 20210104
0000899243-21-000150.hdr.sgml : 20210104
20210104173843
ACCESSION NUMBER: 0000899243-21-000150
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200310
FILED AS OF DATE: 20210104
DATE AS OF CHANGE: 20210104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Murphy Devin Ignatius
CENTRAL INDEX KEY: 0001440186
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54691
FILM NUMBER: 21502964
MAIL ADDRESS:
STREET 1: 104 MAIN STREET
CITY: SOUTHPORT
STATE: CT
ZIP: 06890
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Phillips Edison & Company, Inc.
CENTRAL INDEX KEY: 0001476204
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 271106076
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 11501 NORTHLAKE DRIVE
CITY: CINCINNATI
STATE: OH
ZIP: 45249
BUSINESS PHONE: 513-554-1110
MAIL ADDRESS:
STREET 1: 11501 NORTHLAKE DRIVE
CITY: CINCINNATI
STATE: OH
ZIP: 45249
FORMER COMPANY:
FORMER CONFORMED NAME: PHILLIPS EDISON GROCERY CENTER REIT I, INC.
DATE OF NAME CHANGE: 20141205
FORMER COMPANY:
FORMER CONFORMED NAME: Phillips Edison Grocery Center REIT I, Inc.
DATE OF NAME CHANGE: 20141205
FORMER COMPANY:
FORMER CONFORMED NAME: Phillips Edison - ARC Shopping Center REIT Inc.
DATE OF NAME CHANGE: 20091105
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-03-10
0
0001476204
Phillips Edison & Company, Inc.
NONE
0001440186
Murphy Devin Ignatius
11501 NORTHLAKE DRIVE
CINCINNATI
OH
45249
0
1
0
0
President
Phantom Units
2020-03-10
4
M
0
27300
11.10
D
Common Stock
27300
0
D
Class B Units
2021-01-01
4
J
0
21302
8.75
D
OP Units
21302
60907
D
OP Units
2021-01-01
4
J
0
21302
8.75
A
Common Stock
21302
1114492.864
D
OP Units
2021-01-01
4
J
0
10482.227
8.75
D
Common Stock
10482.227
116387.025
I
Held by PELP
OP Units
2021-01-01
4
J
0
10482.227
8.75
A
Common Stock
10482.227
1124975.091
D
OP Units
2021-01-01
4
J
0
8473.858
8.75
A
Common Stock
8473.858
124860.883
I
Held by PELP
Reflects phantom units that vested on March 10, 2020 and were settled in cash.
Represents vesting of Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP"), previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting on 1/1/21, having previously achieved full parity with OP Units, the Class B Units were converted into an equal number of OP Units.
OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.
Reflects the number of OP Units received upon conversion of an equal number Class B Units in the line above.
Reflects OP Units acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP"). This is a correction to the typographical error made in the number of OP Units reported indirectly held by PELP in the Form 4 filed on January 3, 2020.
Reflects OP Units distributed by PELP to the Reporting Person in the line above.
Reflects Reporting Person's indirect ownership of OP Units received by PELP from the wind-down of a separate investment.
/s/ Tanya Brady, Attorney-in-Fact
2021-01-04