Christopher A. Kollme - Feb 13, 2025 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role
EVP- Investments and Strategy
Signature
/s/ Laura P. Moon as Attorney-in-Fact for Christopher A. Kollme
Stock symbol
PDM
Transactions as of
Feb 13, 2025
Transactions value $
-$17,114
Form type
4
Date filed
2/18/2025, 04:42 PM
Previous filing
Feb 12, 2025
Next filing
Feb 24, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDM Common Stock Options Exercise +4.5K +5.25% 90.3K Feb 13, 2025 Direct F1, F2
transaction PDM Common Stock Tax liability -$17.1K -2.15K -2.38% $7.96 88.1K Feb 13, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PDM Restricted Stock Units Options Exercise $0 -4.5K -7.2% $0.00 58.1K Feb 13, 2025 Common Stock 4.5K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election.
F2 On February 13, 2023, the reporting person was granted 18,009 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 13, 2025, 25% of the grant vested (4,502 shares), and were settled in PDM common stock. In connection with this vesting, 2,150 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.