0000899243-22-020668.txt : 20220602 0000899243-22-020668.hdr.sgml : 20220602 20220602160556 ACCESSION NUMBER: 0000899243-22-020668 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220531 FILED AS OF DATE: 20220602 DATE AS OF CHANGE: 20220602 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PASQUERILLA MARK E CENTRAL INDEX KEY: 0001033844 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06300 FILM NUMBER: 22990798 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 2022-05-31 0 0000077281 PENNSYLVANIA REAL ESTATE INVESTMENT TRUST PEI 0001033844 PASQUERILLA MARK E C/O PENN. REAL ESTATE INVESTMENT TRUST 2005 MARKET STREET, SUITE 1000 PHILADELPHIA PA 19103 1 0 0 0 Shares of Beneficial Interest, par value $1.00 per share 2022-05-31 4 M 0 61845 A 232673 D Shares of Beneficial Interest, par value $1.00 per share 2022-05-31 4 D 0 61845 0.474 D 170828 D Shares of Beneficial Interest, par value $1.00 per share 55208 I By Partnership Shares of Beneficial Interest, par value $1.00 per share 51914 I By Controlled Entity Restricted Share Units 2022-05-31 4 M 0 61845 D Shares of Beneficial Interest 61845 0 D Consists of restricted share units ("RSUs") granted under the issuer's Amended and Restated Pennsylvania Real Estate Investment Trust 2018 Equity Incentive Plan. 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 May 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. Held by Marenrico Partnership, an entity controlled by Mr. Pasquerilla. Held by Pasquerilla Enterprises LP, an entity controlled by Mr. Pasquerilla. The RSU grant consisted of 61,845 RSUs granted on May 28, 2021, with all RSUs vesting on May 31, 2022 (the first business day after May 28, 2022). /s/ Lisa M. Most (attorney-in-fact) 2022-06-02