0000899243-22-020674.txt : 20220602
0000899243-22-020674.hdr.sgml : 20220602
20220602160615
ACCESSION NUMBER: 0000899243-22-020674
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: ROBERTS JOHN JOSEPH
CENTRAL INDEX KEY: 0001243108
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06300
FILM NUMBER: 22990811
MAIL ADDRESS:
STREET 1: 1007 CANTERBURY LANE
CITY: VILLANOVA
STATE: PA
ZIP: 19085
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
0001243108
ROBERTS JOHN JOSEPH
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
194939
D
Shares of Beneficial Interest, par value $1.00 per share
2022-05-31
4
D
0
61845
0.474
D
133094
D
Shares of Beneficial Interest, par value $1.00 per share
59154
I
See Footnote
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.
59,154 Shares held indirectly in a grantor retained annuity trust through a Vanguard GRAT.
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