0001476204-24-000004.txt : 20240103
0001476204-24-000004.hdr.sgml : 20240103
20240103164752
ACCESSION NUMBER: 0001476204-24-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231231
FILED AS OF DATE: 20240103
DATE AS OF CHANGE: 20240103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Edison Jeffrey
CENTRAL INDEX KEY: 0001548377
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40594
FILM NUMBER: 24507544
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]
ORGANIZATION NAME: 05 Real Estate & Construction
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
wk-form4_1704318456.xml
FORM 4
X0508
4
2023-12-31
0
0001476204
Phillips Edison & Company, Inc.
PECO
0001548377
Edison Jeffrey
11501 NORTHLAKE DRIVE
CINCINNATI
OH
45249
1
1
0
0
Chairman and CEO
0
Common Stock
2023-12-31
4
F
0
14222
36.48
D
220610
D
Common Stock
2024-01-01
4
F
0
2860
36.48
D
217750
D
Common Stock
77354
I
By PELP
Common Stock
33333
I
By Father's Trust
Common Stock
12088
I
By Edison Properties LLC
Common Stock
11111
I
By Sister in Law's Trust
Common Stock
11111
I
By Jeffrey Edison Trust
Common Stock
11111
I
By Brother's Trust
Class B Units
2024-01-01
4
M
0
11142
0
D
Common Stock
11142
11143
D
OP Units
2024-01-01
4
M
0
11142
0
A
Common Stock
11142
3310990.331
D
OP Units
Common Stock
2424405.871
2424405.871
I
By Jeffrey Edison Family Trust
OP Units
Common Stock
1134215.303
1134215.303
I
By Edison Properties LLC
OP Units
Common Stock
500593.389
500593.389
I
By Spouse's Family Trust
OP Units
Common Stock
431233.177
431233.177
I
By Edison Family Trust
OP Units
Common Stock
330666.876
330666.876
I
By Edison Ventures Trust
OP Units
Common Stock
276927.452
276927.452
I
By Old 97, Inc
OP Units
Common Stock
211265.707
211265.707
I
By Spouse's Trust
OP Units
Common Stock
60583.377
60583.377
I
By Father's Trust
Represents shares of Common Stock surrendered to cover tax liability upon vesting of earned 2020-2022 Performance-Based LTIP units.
Represents shares of Common Stock surrendered to cover tax liability upon vesting of restricted stock units.
Reflects total shares held by the entity, and as to which Mr. Edison has shared voting and dispositive power. Mr. Edison disclaims beneficial ownership of these shares except to the extent of his pecuniary
interest therein.
Phillips Edison Limited Partnership ("PELP") is a Delaware limited partnership. Mr. Edison is the manager of the general partner of PELP.
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 full on January 1, 2025.
/s/ Jennifer Robison, Attorney-in-Fact
2024-01-03