0000899243-22-005970.txt : 20220211 0000899243-22-005970.hdr.sgml : 20220211 20220211193132 ACCESSION NUMBER: 0000899243-22-005970 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220209 FILED AS OF DATE: 20220211 DATE AS OF CHANGE: 20220211 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Crowell Heather CENTRAL INDEX KEY: 0001767657 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06300 FILM NUMBER: 22623833 MAIL ADDRESS: STREET 1: C/O PENN, REAL ESTATE INVESTMENT TRUST STREET 2: THE BELLEVUE, 200 S. BROAD STREET CITY: PHILADELPHIA STATE: PA ZIP: 19102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PENNSYLVANIA REAL ESTATE INVESTMENT TRUST CENTRAL INDEX KEY: 0000077281 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 236216339 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE COMMERCE SQUARE STREET 2: 2005 MARKET STREET, SUITE 1000 CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 2158750426 MAIL ADDRESS: STREET 1: ONE COMMERCE SQUARE STREET 2: 2005 MARKET STREET, SUITE 1000 CITY: PHILADELPHIA STATE: PA ZIP: 19103 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2022-02-09 0 0000077281 PENNSYLVANIA REAL ESTATE INVESTMENT TRUST PEI 0001767657 Crowell Heather C/O PENN. REAL ESTATE INVESTMENT TRUST 2005 MARKET STREET, SUITE 1000 PHILADELPHIA PA 19103 0 1 0 0 EVP-Strategy & Communications Shares of Beneficial Interest, par value $1.00 per share 2022-02-09 4 A 0 54977 0.00 A 143532 D Shares of Beneficial Interest, par value $1.00 per share 2022-02-09 4 F 0 14081 0.8847 D 129451 D Represents the number of performance-contingent outperformance units, or OPUs, determined by the Issuer's Compensation Committee to have been earned as a result of the Issuer's achievement of certain specified operating outperformance metrics over a three-year measurement period from 2019 through 2021. The OPUs represent the right to receive Shares of Beneficial Interest, and as a result, the same number of shares of Beneficial Interest are issued. Of this total number of shares, 50% are immediately vested upon issuance, and the remaining 50% are restricted and vest in equal installments on December 31, 2022 and December 31, 2023. Includes 45,873 shares held pursuant to an employee share purchase plan. /s/ Heather Crowell 2022-02-11