0000899243-23-010379.txt : 20230404
0000899243-23-010379.hdr.sgml : 20230404
20230404160550
ACCESSION NUMBER: 0000899243-23-010379
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230331
FILED AS OF DATE: 20230404
DATE AS OF CHANGE: 20230404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Aristone Joseph J.
CENTRAL INDEX KEY: 0001742240
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06300
FILM NUMBER: 23797325
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
X0407
4
2023-03-31
0
0000077281
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST
PRET
0001742240
Aristone Joseph J.
C/O PENN. REAL ESTATE INVESTMENT TRUST
2005 MARKET STREET, SUITE 1000
PHILADELPHIA
PA
19103
0
1
0
0
EVP - Leasing
0
Shares of Beneficial Interest, par value $1.00 per share
2023-03-31
4
M
0
2307
A
9921
D
Shares of Beneficial Interest, par value $1.00 per share
2023-03-31
4
D
0
2307
1.08
D
7614
D
Restricted Share Units
2023-03-31
4
M
0
2307
D
Shares of Beneficial Interest
2307
2307
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, 2023 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 6,922 RSUs (this reflects the adjusted RSU total following the reverse share split, effective as of June 16, 2022) granted on March 31, 2021, with the RSUs vesting in three equal annual installments beginning on March 31, 2022.
/s/ Joseph J. Aristone
2023-04-04