X0306 4 2021-03-10 0 0001476204 Phillips Edison & Company, Inc. NONE 0001721152 Myers Robert F. 11501 NORTHLAKE DRIVE CINCINNATI OH 45249 0 1 0 0 Chief Operating Officer & SVP Common Stock 2021-03-10 4 A 0 0 8.75 A 42415.615 D OP Units 2021-03-10 4 A 0 19892 0.00 A Common Stock 19892 158662.864 D Class B Units 2021-03-10 4 A 0 5183.28 0.00 A Common Stock 5183.28 64100.28 D Class B Units 2021-03-10 4 A 0 19892 0.00 A Common Stock 19892 83992.28 D Class B Units 2021-03-10 4 A 0 41143 0.00 A Common Stock 41143 125135.28 D Includes 58.393 shares acquired under the Issuer's dividend reinvestment plan. OP Units (defined below) earned upon the achievement of performance hurdles pursuant to the 2018 performance based plan. Each OP Unit acquired upon conversion of a Class B Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of Common Stock. Distributions reinvested in Class B Units (defined below) and earned pursuant to the 2018 performance based plan. Represents 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 I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units will not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units. Class B Units issued pursuant to the 2018 performance based plan are time-based awards and will vest on January 1, 2022, subject to continued employment. The Class B Units are time-based awards and vest in four equal annual installments: 25% on January 1, 2022, 25% on January 1, 2023, 25% on January 1, 2024, and 25% on January 1, 2025, subject to continued employment. /s/ Tanya Brady, Attorney-in-Fact 2021-03-12