| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PECO | OP Units | Award | $0 | +47.1K | +3.57% | $0.00 | 1.37M | Jan 29, 2025 | Common Stock | 47.1K | Direct | F1, F2 | |
| transaction | PECO | Class C Units | Award | $0 | +47.1K | $0.00 | 47.1K | Jan 29, 2025 | Common Stock | 47.1K | Direct | F1, F4, F5 | ||
| transaction | PECO | Class C Units | Award | $0 | +7.11K | $0.00 | 7.11K | Jan 29, 2025 | Common Stock | 7.11K | Direct | F1, F4, F6 | ||
| holding | PECO | OP Units | 2.42M | Jan 29, 2025 | Common Stock | 2.42M | By Jeffrey Edison Family Trust | F1, F3 | ||||||
| holding | PECO | OP Units | 2.15M | Jan 29, 2025 | Common Stock | 2.15M | By Sprinkles Trust LLC | F1, F3 | ||||||
| holding | PECO | OP Units | 1.13M | Jan 29, 2025 | Common Stock | 1.13M | By Edison Properties LLC | F1, F3 | ||||||
| holding | PECO | OP Units | 479K | Jan 29, 2025 | Common Stock | 479K | By Spouse's Family Trust | F1, F3 | ||||||
| holding | PECO | OP Units | 431K | Jan 29, 2025 | Common Stock | 431K | By Edison Family Trust | F1, F3 | ||||||
| holding | PECO | OP Units | 331K | Jan 29, 2025 | Common Stock | 331K | By Edison Ventures Trust | F1, F3 | ||||||
| holding | PECO | OP Units | 277K | Jan 29, 2025 | Common Stock | 277K | By Old 97, Inc | F1, F3 | ||||||
| holding | PECO | OP Units | 211K | Jan 29, 2025 | Common Stock | 211K | By Spouse's Trust | F1, F3 | ||||||
| holding | PECO | OP Units | 60.6K | Jan 29, 2025 | Common Stock | 60.6K | By Father's Trust | F1, F3 |
| Id | Content |
|---|---|
| F1 | Limited partnership interests ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP") 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 and are not subject to vesting. |
| F2 | Represents OP Units earned based upon the Issuer's achievement of performance metrics under the 2022-2024 Performance-Based LTIP Units. |
| F3 | 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. |
| F4 | Represents Class C Units of limited partnership interests ("Class C Units") in PECO OP. At issuance, the Class C Units do not have full parity with the OP Units, but upon achieving parity with the OP Units under the PECO OP's partnership agreement, based upon capital account balance per unit, and upon satisfaction of any applicable vesting conditions, the vested Class C Units convert to OP Units on a one-for-one basis. The Class C Units have no expiration date. |
| F5 | Represents unvested Class C Units earned based upon the Issuer's achievement of the performance metrics under the 2022-2024 Performance-Based LTIP Units which will vest in full on December 31, 2025, subject to continued service with the Company. |
| F6 | Represents 3,556.207 vested, and 3,556.207 unvested, earned Class C Units issued in lieu of cash dividends accrued on the earned 2022-2024 Performance-Based LTIP Units. The unvested Class C units will vest in full on December 31, 2025, subject to continued service with the Company. |