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Elme Communities Director's Dealing 2022

Feb 18, 2022

31927_dirs_2022-02-17_2adcc2c0-8cfd-439e-b1df-7fae6fe0e7d4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2022-02-16

Reporting Person: RIFFEE STEPHEN EDWARD (EVP & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-16 Common Stock A 13787 $0.0 Acquired 119400 Direct
2022-02-16 Common Stock A 18355 $0.0 Acquired 137755 Direct
2022-02-16 Common Stock F 4316 $24.54 Disposed 133439 Direct

Footnotes

F1: These are Restricted Share Awards granted for 2022 pursuant to the Washington Real Estate Investment Trust 2016 Omnibus Incentive Plan. These shares vest ratably over 3 years, beginning on 12/15/22 subject to the reporting person's continued employment through each vesting date. The vesting of the final two tranches of these awards will accelerate on his retirement eligibility date, 2/02/23, per the terms of the Washington Real Estate Investment Trust 2016 Omnibus Incentive Plan.

F2: Restricted Share Award that vested 75% on 2/16/22 and will vest 25% on 12/31/22.

F3: For net share settlement of taxes on vested shares.