SEC Form 4 · accession 0001042776-17-000086
Piedmont Office Realty Trust, Inc. · PDM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond Lee Owens
Officer — EVP- Chief Investment Officer
Period of report
May 9, 2017
Accepted (ET)
May 11, 2017 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001042776
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 9, 2017 | F | 262 | $21.38 | D | 85,542 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Owens elected to receive 50% of his Long Term Incentive Award as restricted stock, and 50% was deferred into the Company's Non-Qualified Deferred Compensation Plan.
- F2In connection with the vesting of 25% of the restricted stock award (785 shares) on May 9, 2017, 262 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations.