CROWELL HEATHER (EVP - Strategy & Communication) exercised options at PENNSYLVANIA REAL ESTATE INVESTMENT TRUST
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 4/4/2022ACC: 0000899243-22-013375
Officer· EVP - Strategy & Communication
Since Feb 2019
-33.39K
Net shares
Net seller
$21.2K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
33.39K acquired · 66.78K disposed
Non-Derivative Transactions2
Shares of Beneficial Interest, par value $1.00 per share
Direct
Shares
+33.39K
Price / share
—
Trade value
—
% of position
28.5%
3/31/2022
117.05K→150.44K
Shares of Beneficial Interest, par value $1.00 per share
Direct
Shares
−33.39K
Price / share
$0.64
Trade value
$21.21K
% of position
22.2%
3/31/2022
150.44K→117.05K
Total
Net shares
+0.00
Net value
-$21.21K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Shares of Beneficial Interest, par value $1.00 per share Direct | 3/31/2022 | M · Option Exercise | +33.39K | — | — | 28.5% | 117.05K | 150.44K |
| Shares of Beneficial Interest, par value $1.00 per share Direct | 3/31/2022 | D · Disposition | −33.39K | $0.64 | $21.21K | 22.2% | 150.44K | 117.05K |
| Total | +0.00 | -$21.21K | ||||||
Derivative Transactions1
Restricted Share Units
Direct
Converts to
Shares of Beneficial Interest
33.39K shares
Shares
−33.39K
Strike price
Held after
66.78K
Exercisable
—
3/31/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Share Units Direct | Shares of Beneficial Interest33.39K shares | 3/31/2022 | M · Option Exercise | −33.39K | — | 66.78K |