0001476204-21-000062.txt : 20210503
0001476204-21-000062.hdr.sgml : 20210503
20210503133020
ACCESSION NUMBER: 0001476204-21-000062
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210429
FILED AS OF DATE: 20210503
DATE AS OF CHANGE: 20210503
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: 21882495
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
wf-form4_162006300594328.xml
FORM 4
X0306
4
2021-04-29
0
0001476204
Phillips Edison & Company, Inc.
NONE
0001440186
Murphy Devin Ignatius
11501 NORTHLAKE DRIVE
CINCINNATI
OH
45249
0
1
0
0
President
Class B Units
2021-04-29
4
J
0
21302
0
D
Common Stock
21302.0
64680.28
D
Class B Units
2021-04-29
4
J
0
19892
0
D
Common Stock
19892.0
44788.28
D
Class B Units
2021-04-29
4
A
0
41143
0
A
Common Stock
41143.0
85931.28
D
OP Units
2021-04-29
4
J
0
21302
0
A
Common Stock
21302.0
541938.29
D
OP Units
2021-04-29
4
J
0
19892
0
A
Common Stock
19892.0
561830.29
D
OP Units
Common Stock
749091.792
749091.792
I
Help by DJM Investments LLC
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, 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.
On April 29, 2021, the Compensation Committee of the Board of Directors of Phillips Edison & Company, Inc. granted Mr. Murphy a long-term incentive award, including 41,143 fully vested Class B Units.
Reflects the number of OP Units received upon conversion of an equal number of Class B Units in the line above.
Mr. Murphy is the manager of DJM Investments LLC and, therefore, has voting and dispositive control of the OP Units held by it.
OP Units previously reported as directly held by Mr. Murphy.
/s/ Tanya Brady, Attorney-in-Fact
2021-05-03