0001476204-23-000007.txt : 20230104
0001476204-23-000007.hdr.sgml : 20230104
20230104163715
ACCESSION NUMBER: 0001476204-23-000007
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221231
FILED AS OF DATE: 20230104
DATE AS OF CHANGE: 20230104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Caulfield John P
CENTRAL INDEX KEY: 0001786866
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40594
FILM NUMBER: 23507124
MAIL ADDRESS:
STREET 1: 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_167286821493075.xml
FORM 4
X0306
4
2022-12-31
0
0001476204
Phillips Edison & Company, Inc.
PECO
0001786866
Caulfield John P
11501 NORTHLAKE DRIVE
CINCINNATI
OH
45249
0
1
0
0
CFO, EVP & Treasurer
Common Stock
2022-12-31
4
F
0
377
31.84
D
17028
D
Common Stock
2023-01-01
4
F
0
605
31.84
D
16423
D
Class B Units
2023-01-01
4
M
0
1257
0
D
Common Stock
1257.0
2515
D
OP Units
2023-01-01
4
M
0
1257
0
A
Common Stock
1257.0
2514
D
Represents shares of Common Stock surrendered to cover tax liability upon vesting of earned 2019-2021 Performance-Based restricted stock units.
Represents shares of Common Stock surrendered to cover tax liability upon vesting of restricted stock units.
Represents the 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"), but upon the occurrence of certain events described in PECO OP's partnership agreement, based upon capital account balance per unit, 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. The Class B Units have no expiration date.
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-for-one basis, and have no expiration date.
Represents the total Class B Units that have the same grant date, vesting provisions and other terms. These Class B Units will vest in increments of 1,257 units on January 1, 2024 and January 1, 2025.
/s/ Jennifer Robison, Attorney-in-Fact
2023-01-04