0001476204-22-000011.txt : 20220104
0001476204-22-000011.hdr.sgml : 20220104
20220104163148
ACCESSION NUMBER: 0001476204-22-000011
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211231
FILED AS OF DATE: 20220104
DATE AS OF CHANGE: 20220104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Myers Robert F.
CENTRAL INDEX KEY: 0001721152
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40594
FILM NUMBER: 22506540
MAIL ADDRESS:
STREET 1: C/O PHILLIPS EDISON & COMPANY
STREET 2: 11501 NORTHLAKE DRIVE
CITY: CINCINNATI
STATE: OH
ZIP: 45249
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_164133188575374.xml
FORM 4
X0306
4
2021-12-31
0
0001476204
Phillips Edison & Company, Inc.
PECO
0001721152
Myers Robert F.
11501 NORTHLAKE DRIVE
CINCINNATI
OH
45249
0
1
0
0
Chief Operating Officer & SVP
Common Stock
2022-01-01
4
F
0
896
33.04
D
7212
D
Class B Common Stock
5485.587
D
Class B Common Stock
544.951
I
By IRA
Class B Units
2021-12-31
4
M
0
6631
0
D
Common Stock
6631.0
88470.76
D
Class B Units
2022-01-01
4
M
0
6438
0
D
Common Stock
6438.0
82032.76
D
OP Units
2021-12-31
4
M
0
6631
0
A
Common Stock
6631.0
59518.621
D
OP Units
2022-01-01
4
M
0
6438
0
A
Common Stock
6438.0
65956.621
D
Shares surrendered to cover tax liability upon vesting of restricted stock units.
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 July 2, 2021, the Issuer effected a one-for-three reverse stock split of all of its issued and outstanding Common Stock, OP Units and Class B Units, which resulted in the Reporting Person's ownership of OP Units prior to this grant being reduced from 158,662.864 OP Units to 52,887.621 OP Units.
/s/ Jennifer Robison, Attorney-in-Fact
2022-01-04