SEC Info - Taysom Dale H. - ‘4’ for 5/11/21 re: Piedmont Office Realty Trust, Inc.

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Taysom Dale H.

(Last)

(First)

(Middle)

5565 GLENRIDGE CONNECTOR

STE. 450

(Street)

ATLANTA

30342

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Piedmont Office Realty Trust, Inc. [ PDM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
5/11/21

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	5/11/21		M		6,540	A	⁽¹⁾ ⁽²⁾	32,645.686	D
Common Stock	5/11/21		F		1,815 ⁽³⁾	D	$17.96	30,830.686	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0.0 ⁽¹⁾	5/11/21		M			6,540	⁽²⁾	⁽²⁾	Common Stock	6,540	$0	0	D
Restricted Stock Units	$0.0 ⁽¹⁾	5/11/21		A		5,011		⁽⁴⁾	⁽⁴⁾	Common Stock	5,011	$0	5,011	D

Explanation of Responses:

(1) Each restricted stock unit represents a contingent right to receive one share of PDM common stock. Restricted stock units may be settled in cash or common stock at PDM's election.

(2) On May 13, 2020, the reporting person was granted 6,540 restricted stock units, which vested at the 2021 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc. on May 11, 2021, and were settled in PDM common stock.

(3) In connection with the vesting of 6,540 shares of deferred stock on May 11, 2021, (representing 100% of a grant made at the 2020 Annual Meeting of Stockholders on May 13, 2020), 1,815 shares were forfeited by the reporting person and delivered to the Company to satisfy tax withholding obligations.

(4) On May 11, 2021, at the 2021 Annual Meeting of Stockholders of Piedmont Office Realty Trust, Inc., the reporting person was granted 5,011 restricted stock units, which will vest on the earlier of the 2022 Annual Meeting of Stockholders, or the anniversary of the grant date in May 2022.

Remarks:

	Laura P. Moon as Attorney-in-Fact for Dale H. Taysom	5/12/21
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

____________ Transaction Codes:
A	Grant, award or other acquisition pursuant to Rule 16b-3(d).
F	Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
M	Exercise or conversion of derivative security exempted pursuant to Rule 16b-3.

Taysom Dale H. – ‘4’ for 5/11/21 re: Piedmont Office Realty Trust, Inc.

On: Wednesday, 5/12/21, at 4:20pm ET · For: 5/11/21 · Accession #: 1042776-21-127 · File #: 1-34626

Previous ‘4’: ‘4’ on 3/31/21 for 3/30/21 · Next: ‘4’ on / for 3/1/22 · Latest: ‘4’ on 5/12/23 for 5/10/23

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Taysom Dale H. – ‘4’ for 5/11/21 re: Piedmont Office Realty Trust, Inc.

On: Wednesday, 5/12/21, at 4:20pm ET · For: 5/11/21 · Accession #: 1042776-21-127 · File #: 1-34626

Previous ‘4’: ‘4’ on 3/31/21 for 3/30/21 · Next: ‘4’ on / for 3/1/22 · Latest: ‘4’ on 5/12/23 for 5/10/23

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
Filing Table of Contents