Gavin Brandon - 15 Jan 2025 Form 4 Insider Report for Orion Office REIT Inc. (ONL)

Role: Executive Vice President, Chief Financial Officer and Treasure
Signature: /s/ Paul C. Hughes, by power of attorney
Issuer symbol: ONL
Transactions as of: 15 Jan 2025
Transactions value $: -$5,742
Form type: 4
Filing time: 17 Jan 2025, 16:48:12 UTC
Previous filing: 19 Nov 2024
Next filing: 28 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ONL	Common Stock	Award	$0	+4,580	+3.48%	$0	136,151	15 Jan 2025	Direct	F1
transaction	ONL	Common Stock	Tax liability	-$5,742	-1,450	-1.06%	$3.96	134,701	15 Jan 2025	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Acquisition of shares of Issuer's common stock upon settlement of vested performance-based restricted stock unit awards ("PRSUs") under Issuer's equity plan. The amount was based on the Issuer's level of achievement of certain operational performance metrics for the performance period, which commenced on January 1, 2022 and ended on December 31, 2024. The payout amount was finalized on January 15, 2025.
F2	Reflects the product of the applicable withholding rate and the 4,580 shares of common stock that vested pursuant to the terms of the Reporting Person's PRSU award agreement.
F3	Reflects the closing sale price of the Issuer's common stock as reported on the New York Stock Exchange on January 15, 2025.

Remarks:

Executive Vice President, Chief Financial Officer and Treasure