0000899243-21-011394.txt : 20210312 0000899243-21-011394.hdr.sgml : 20210312 20210312191843 ACCESSION NUMBER: 0000899243-21-011394 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210310 FILED AS OF DATE: 20210312 DATE AS OF CHANGE: 20210312 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: 21739341 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 2021-03-10 0 0001476204 Phillips Edison & Company, Inc. NONE 0001440186 Murphy Devin Ignatius 11501 NORTHLAKE DRIVE CINCINNATI OH 45249 0 1 0 0 President OP Units 2021-03-10 4 A 0 19892 0.00 A Common Stock 19892 1269728.083 D Class B Units 2021-03-10 4 A 0 5183.28 0.00 A Common Stock 5183.28 66090.28 D Class B Units 2021-03-10 4 A 0 19892 0.00 A Common Stock 19892 85982.28 D OP Units (defined below) earned upon the achievement of performance hurdles pursuant to the 2018 performance based plan. Each OP Unit acquired upon conversion of a Class B Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of Common Stock. Distributions reinvested in Class B Units (defined below) and earned pursuant to the 2018 performance based plan. Class B Units issued pursuant to the 2018 performance based plan are time-based awards and will vest January 1, 2022, subject to continued employment. Represents 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 I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units will not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units. /s/ Tanya Brady, Attorney-in-Fact 2021-03-12