0000899243-21-011401.txt : 20210312 0000899243-21-011401.hdr.sgml : 20210312 20210312192139 ACCESSION NUMBER: 0000899243-21-011401 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210310 FILED AS OF DATE: 20210312 DATE AS OF CHANGE: 20210312 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brady Tanya CENTRAL INDEX KEY: 0001770509 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-54691 FILM NUMBER: 21739349 MAIL ADDRESS: STREET 1: C/O PHILLIPS EDISON & COMPANY, INC. STREET 2: 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 2021-03-10 0 0001476204 Phillips Edison & Company, Inc. NONE 0001770509 Brady Tanya 11501 NORTHLAKE DRIVE CINCINNATI OH 45249 0 1 0 0 SVP, GC & Secretary Common Stock 2021-03-10 4 A 0 2898 8.75 A 37202.442 D Common Stock 2021-03-10 4 F 0 517 8.75 D 36685.442 D Class B Units 2021-03-10 4 A 0 8229 0.00 A Common Stock 8229 8229 D Shares of common stock earned upon the achievement of performance hurdles pursuant to the 2018 performance based plan. Shares surrendered to cover tax liability upon vesting. 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. 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. 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 2021-03-12