SEC Form 4 · accession 0001174322-15-000019
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST · PEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph F Coradino
Officer — CEO · Director
Period of report
Apr 7, 2015
Accepted (ET)
Apr 8, 2015 · 5:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000077281
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Units of Class A Limited Partnership InterestF1 | — | Apr 7, 2015 | J | 64,461 | D | — | — | Shares of beneficial interest, par value $1.00 per share | 64,461 | 0 | I |
| Units of Class A Limited Partnership InterestF1 | — | Apr 7, 2015 | J | 64,461 | A | — | — | Shares of beneficial interest, par value $1.00 per share | 64,461 | 70,472 | D |
| Units of Class A Limited Partnership InterestF3,F1 | — | holding | — | — | — | — | — | Shares of beneficial interest, par value $1.00 per share | 39,126 | 39,126 | I |
Explanation of responses
- F1The derivative securities are units of Class A Limited Partnership Interest (the "Units") in PREIT Associates, L.P., the operating partnership of the issuer. The Units are generally redeemable for cash equal to the contemporaneous market price of shares of beneficial interest in the issuer or, at the election of the issuer, for a like number of shares of beneficial interest in the issuer, without payment of any conversion or exercise price. These derivative securities are currently redeemable. The Units have no expiration date.
- F2This transaction involved a gift from the reporting person's spouse to the reporting person.
- F3These Units are held by a trust for the benefit of the reporting person's child. The reporting person's spouse serves as the trustee.