0001476204-22-000019.txt : 20220113 0001476204-22-000019.hdr.sgml : 20220113 20220113164845 ACCESSION NUMBER: 0001476204-22-000019 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220111 FILED AS OF DATE: 20220113 DATE AS OF CHANGE: 20220113 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brady Tanya CENTRAL INDEX KEY: 0001770509 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40594 FILM NUMBER: 22529566 MAIL ADDRESS: STREET 1: C/O PHILLIPS EDISON & COMPANY, INC. 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_164211050882901.xml FORM 4 X0306 4 2022-01-11 0 0001476204 Phillips Edison & Company, Inc. PECO 0001770509 Brady Tanya 11501 NORTHLAKE DRIVE CINCINNATI OH 45249 0 1 0 0 SVP, GC & Secretary Class B Units 2022-01-11 4 M 0 2743 0 D Common Stock 2743.0 33898 D Class B Units 2022-01-11 4 M 0 33898 0 D Common Stock 33898.0 0 D OP Units 2022-01-11 4 M 0 2743 0 A Common Stock 2743.0 2743 D OP Units 2022-01-11 4 M 0 33898 0 A Common Stock 33898.0 36641 D Represents conversion 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, into limited partnership interest in PECO OP ("OP Units"). At issuance, the Class B Units were subject to vesting, and did not have full parity with the OP Units with respect to liquidating distributions, but upon the occurrence of certain events described in PECO OP's partnership agreement, including the common stock price performance, the Class B Units achieved full parity with the OP Units, and converted to OP Units on a one-for-one basis, still subject to any vesting requirements. 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. OP Units issued upon conversion of unvested Class B Units are still subject to the same vesting schedule as the originally granted unvested Class B Units. 686 vested units and 2,057 unvested units, which will vest in increments of 686 units on January 1, 2023, January 1, 2024 and January 1, 2025. 33,898 unvested units, which will vest 50% on January 15, 2023 and the remaining 50% on July 15, 2024. Total vested and unvested OP Units held are reflected in Column 9. Of the 36,641 OP Units held by the Reporting Person, 686 are vested and 35,955 are unvested. /s/ Jennifer Robison, Attorney-in-Fact 2022-01-13