0000899243-21-000140.txt : 20210104 0000899243-21-000140.hdr.sgml : 20210104 20210104173420 ACCESSION NUMBER: 0000899243-21-000140 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201231 FILED AS OF DATE: 20210104 DATE AS OF CHANGE: 20210104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Edison Jeffrey CENTRAL INDEX KEY: 0001548377 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54691 FILM NUMBER: 21502949 MAIL ADDRESS: STREET 1: 11501 NORTHLAKE DRIVE CITY: CINCINNATI STATE: OH ZIP: 45249 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Phillips Edison & Company, Inc. CENTRAL INDEX KEY: 0001476204 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 271106076 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11501 NORTHLAKE DRIVE CITY: CINCINNATI STATE: OH ZIP: 45249 BUSINESS PHONE: 513-554-1110 MAIL ADDRESS: STREET 1: 11501 NORTHLAKE DRIVE CITY: CINCINNATI STATE: OH ZIP: 45249 FORMER COMPANY: FORMER CONFORMED NAME: PHILLIPS EDISON GROCERY CENTER REIT I, INC. DATE OF NAME CHANGE: 20141205 FORMER COMPANY: FORMER CONFORMED NAME: Phillips Edison Grocery Center REIT I, Inc. DATE OF NAME CHANGE: 20141205 FORMER COMPANY: FORMER CONFORMED NAME: Phillips Edison - ARC Shopping Center REIT Inc. DATE OF NAME CHANGE: 20091105 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-12-31 0 0001476204 Phillips Edison & Company, Inc. NONE 0001548377 Edison Jeffrey 11501 NORTHLAKE DRIVE CINCINNATI OH 45249 1 1 0 0 Chairman and CEO Phantom Units 2020-12-31 4 M 0 74250 8.75 D Common Stock 74250 0 D Class B Units 2021-01-01 4 J 0 68857 8.75 D OP Units 68857 157105 D OP Units 2021-01-01 4 J 0 68857 8.75 A Common Stock 68857 21436723.119 D OP Units 2021-01-01 4 J 0 12502.985 8.75 D Common Stock 12502.985 675052.217 I Held by PELP OP Units 2021-01-01 4 J 0 12502.985 8.75 A Common Stock 12502.985 21449226.104 D OP Units 2021-01-01 4 J 0 49148.922 8.75 A Common Stock 49148.922 724201.139 I Held by PELP Reflects phantom units that vested on December 31, 2020 and were settled in cash. Represents vesting of Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP"), previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting on 1/1/21, having previously achieved full parity with OP Units, the Class B Units were converted into an equal number of OP Units. 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 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. Reflects the number of OP Units received upon conversion of an equal number Class B Units in the line above. Reflects OP Units acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP"). This is a correction to the typographical error made in the number of OP Units reported indirectly held by PELP in the Form 4 filed on January 3, 2020. Reflects OP Units distributed by PELP to the Reporting Person in the line above. Reflects Reporting Person's indirect ownership of OP Units received by PELP from the wind-down of a separate investment. /s/ Tanya Brady, Attorney-in-Fact 2021-01-04