AI assistant
Phillips Edison & Company, Inc. — Director's Dealing 2018
Sep 13, 2018
31059_dirs_2018-09-12_021944d8-d24d-4b0a-86fb-7bc6499d510a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Phillips Edison & Company, Inc. (NONE)
CIK: 0001476204
Period of Report: 2018-07-03
Reporting Person: Addy Robert Mark (Executive Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-03 | OP Units | $ | J | 256 | Acquired | Common Stock (256) | Direct | |
| 2018-07-03 | OP Units | $ | J | 256 | Disposed | Common Stock (256) | Indirect | |
| 2018-09-10 | OP Units | $ | J | 6828.73 | Acquired | Common Stock (6828.73) | Direct | |
| 2018-09-10 | OP Units | $ | J | 6828.73 | Disposed | Common Stock (6828.73) | Indirect |
Footnotes
F1: Reflects 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.
F2: OP 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.
F3: Reflects 256 OP Units distributed by PELP to the Reporting Person in the line above.
F4: Reflects 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.
F5: Reflects 6,828.73 OP Units distributed by PELP to the Reporting Person in the line above.