SEC Form 4 · accession 0000899243-18-024354
Phillips Edison & Company, Inc. · PECO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Mark Addy
Officer — Executive Vice President
Period of report
Jul 3, 2018
Accepted (ET)
Sep 12, 2018 · 7:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001476204
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OP UnitsF1,F2 | — | Jul 3, 2018 | J | 256 | A | — | — | Common Stock | 256 | 212,329 | D |
| OP UnitsF3,F2 | — | Jul 3, 2018 | J | 256 | D | — | — | Common Stock | 256 | 52,336 | I |
| OP UnitsF4,F2 | — | Sep 10, 2018 | J | 6,829 | A | — | — | Common Stock | 6,829 | 219,158 | D |
| OP UnitsF5,F2 | — | Sep 10, 2018 | J | 6,829 | D | — | — | Common Stock | 6,829 | 45,507 | I |
Explanation of responses
- F1Reflects common units of limited partnership interest ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP") acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the first annual vesting of Class C Units in PELP, which vest in four equal annual installments beginning on January 1, 2018.
- F2OP Units 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 I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.
- F3Reflects 256 OP Units distributed by PELP to the Reporting Person in the line above.
- F4Reflects OP Units acquired by the Reporting Person as a distribution from PELP in connection with the Reporting Person's interest in OP Units which (i) were converted from Class B Units of limited partnership interests in PECO I OP and (ii) are being held by PELP until two years from the date the Class B Units were issued.
- F5Reflects 6,828.73 OP Units distributed by PELP to the Reporting Person in the line above.