Tiffany M. Butcher - 10 Jul 2023 Form 4 Insider Report for Elme Communities (ELME)

Role
EVP & COO
Signature
By: W. Drew Hammond For: Tiffany M. Butcher
Issuer symbol
ELME
Transactions as of
10 Jul 2023
Net transactions value
$0
Form type
4
Filing time
12 Jul 2023, 16:17:42 UTC
Next filing
12 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELME Common Stock Award $0 +6,064 $0.000000 6,064 10 Jul 2023 Direct F1
transaction ELME Common Stock Award $0 +8,754 +144% $0.000000 14,818 10 Jul 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Share Award will vest in three equal installments over a three-year period on the first, second and third anniversary date from July 10, 2023, the employment start date.
F2 These are Restricted Share Awards granted for 2023 pursuant to the Washington Real Estate Investment Trust 2016 Omnibus Incentive Plan. These shares vest ratably over 3 years on 12/15/23, 12/15/24 and 12/15/25, subject to the reporting person's continued employment through each vesting date.