0000950170-23-039183.txt : 20230807
0000950170-23-039183.hdr.sgml : 20230807
20230807172445
ACCESSION NUMBER: 0000950170-23-039183
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230803
FILED AS OF DATE: 20230807
DATE AS OF CHANGE: 20230807
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hart Kenneth B.
CENTRAL INDEX KEY: 0001931128
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-06300
FILM NUMBER: 231148601
MAIL ADDRESS:
STREET 1: C/O PENN REAL ESTATE TRUST
STREET 2: 2005 MARKET STREET, SUITE 1000
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
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
ownership.xml
4
X0508
4
2023-08-03
0000077281
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST
PRET
0001931128
Hart Kenneth B.
C/O PENN. REAL ESTATE INVESTMENT TRUST
2005 MARKET STREET, SUITE 1000
PHILADELPHIA
PA
19103
true
false
false
false
false
Shares of Beneficial Interest, par value $1.00 per share
2023-08-03
4
M
false
25300
A
26199
D
Shares of Beneficial Interest, par value $1.00 per share
2023-08-03
4
D
false
25300
0.5918
D
899
D
Shares of Beneficial Interest, par value $1.00 per share
460
I
See Footnote
Restricted Share Units
2023-08-03
4
M
false
25300
D
Shares of Beneficial Interest
25300
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 August 3, 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.
Owned by the brother of the Reporting Person. The Reporting Person shares dispositive power over such shares.
The RSU grant consisted of 25,300 RSUs granted on August 3, 2022, with all RSUs vesting on August 3, 2023.
/s/ Kenneth B. Hart
2023-08-07