0000899243-22-013375.txt : 20220404 0000899243-22-013375.hdr.sgml : 20220404 20220404170039 ACCESSION NUMBER: 0000899243-22-013375 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220331 FILED AS OF DATE: 20220404 DATE AS OF CHANGE: 20220404 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: 22803391 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 2022-03-31 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 2022-03-31 4 M 0 33391 A 150442 D Shares of Beneficial Interest, par value $1.00 per share 2022-03-31 4 D 0 33391 0.6352 D 117051 D Restricted Share Units 2022-03-31 4 M 0 33391 D Shares of Beneficial Interest 33391 66780 D Consists of restricted share units ("RSUs") granted pursuant to the issuer's 2021-2023 Equity Award Program (the "2021-2023 Program"). Each RSU represents a contingent right to receive one share of Beneficial Interest, par value $1.00 per share (a "Share"), of the issuer. The RSUs may be settled in Shares or cash in the discretion of the issuer's Compensation Committee. The Compensation Committee determined to settle the RSUs that vested on March 31, 2022 for cash. For purposes of this Form 4, the cash settlement of the vested RSUs has been presented as the conversion of the vested RSUs into Shares and the simultaneous disposition of Shares to the issuer for cash. The 2021-2023 Program RSU grant consisted of 100,171 RSUs granted on March 31, 2021, with the RSUs vesting in three equal annual installments beginning on March 31, 2022. /s/ Heather Crowell 2022-04-04