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form 3 |
U.S. Securities and Exchange Commission Washington DC 20549 Initial Statement of Beneficial Ownership of Securities Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 |
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1. Reporter’s name and address
(city) |
2. Date of event (month/day/year) for which notification is required 2022/08/02 |
3. Issuer name Pennsylvania Real Estate Investment Trust [ PEI ] |
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4. RELATIONSHIP BETWEEN REPORTER AND ISSUER (Please check all that apply)
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5. In case of amendment, original filing date (month/day/year) | ||||||||||||
6. Individual or joint/group filing (check the appropriate line)
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Table I – Non-Derivative Securities with Beneficial Interests | |||
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1. Security Title (Instruction 4) | 2. Unit amount (Step 4) | 3. Ownership: Direct (D) or Indirect (I) (Step 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Shares of beneficial interest, $1.00 per share par value |
66 |
D. |
|
Shares of beneficial interest, $1.00 per share par value |
12,666 |
Me |
Sharing Ownership with Reporter’s Spouse |
Shares of beneficial interest, $1.00 per share par value |
54,590 |
Me |
Owned by Cygnus Opportunity Fund, LLC |
Shares of beneficial interest, $1.00 per share par value |
42,021 |
Me |
Owned by Cygnus Property Fund IV, LLC |
Series B Preferred Stock, par value $0.01 per share |
74,398 |
Me |
Owned by Cygnus Opportunity Fund, LLC |
Series B Preferred Stock, par value $0.01 per share |
42,963 |
Me |
Owned by Cygnus Property Fund IV, LLC |
Series B Preferred Stock, par value $0.01 per share |
147,802 |
Me |
Owned by Cygnus Property Fund V, LLC |
Series B Preferred Stock, par value $0.01 per share |
52,923 |
Me |
Owned by Cygnus Property Fund VI, LLC |
Series C Preferred Stock, $0.01 per share par value |
111,416 |
Me |
Owned by Cygnus Opportunity Fund, LLC |
Series C Preferred Stock, $0.01 per share par value |
74,879 |
Me |
Owned by Cygnus Property Fund IV, LLC |
Series C Preferred Stock, $0.01 per share par value |
210,479 |
Me |
Owned by Cygnus Property Fund V, LLC |
Series C Preferred Stock, $0.01 per share par value |
58,750 |
Me |
Owned by Cygnus Property Fund VI, LLC |
Series D Preferred Stock, $0.01 per par value |
4,000 |
D. |
|
Series D Preferred Stock, $0.01 per par value |
136,744 |
Me |
Owned by Cygnus Opportunity Fund, LLC |
Series D Preferred Stock, $0.01 per par value |
30,749 |
Me |
Owned by Cygnus Property Fund IV, LLC |
Series D Preferred Stock, $0.01 per par value |
166,000 |
Me |
Owned by Cygnus Property Fund V, LLC |
Series D Preferred Stock, $0.01 per par value |
156,922 |
Me |
Owned by Cygnus Property Fund VI, LLC |
Table II – Derivative Securities with Beneficial Interests (e.g. puts, calls, warrants, options, convertibles) |
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1. Derivative Securities Title (Instruction 4) | 2. Exercisable date and expiration date (month/day/year) | 3. Name and amount of securities underlying the derivative security (Instruction 4) | 4. CONVERSION OR STRIKE PRICES OF DERIVATIVE SECURITIES | 5. Ownership: Direct (D) or Indirect (I) (Step 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Exercisable date | date of expiry | Title | amount or number of shares |
Explanation of response: |
/s/ Christopher Swann | 2022/08/06 | |
** Signature of reporter | date | |
Note: Please report on a separate line for each class of directly or indirectly beneficially owned securities. | ||
*If there are multiple applicants, look Instruction 4(b)(v). |
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** Any willful misrepresentation or omission of fact constitutes a violation of federal criminal law. look 18 USC 1001 and 15 USC 78ff(a). |
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Note: You must file three copies of this form and manually sign one of them. If you run out of space, look Step instructions6. |
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Persons responding to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. |
POWER OF ATTORNEY Know all by these presents, that the undersigned hereby constitutes and appoints each of Mario C. Ventresca, Jr. and Lisa M. Most as the undersigned's true and lawful attorney-in-fact to: (1) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or trustee of Pennsylvania Real Estate Investment Trust (the "Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder, as amended, and any other forms or reports the undersigned may be required to file in connection with the undersigned's ownership, acquisition, or disposition of securities of the Company; (2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, or other form or report (and any amendments thereof) and timely file such form or repot1 with the United States Securities and Exchange Commission and any stock exchange or similar authority; and (3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of the attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by the attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such information as the attorney-in-fact may approve in the attorney-in-fact's discretion. The undersigned hereby grants to each attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that each attorney-in-fact, or the attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. None of the foregoing attorneys-in-fact shall incur any liability to the undersigned for acting or refraining from acting under this Power of Attorney, except for such attorney's own willful misconduct or gross negligence. The undersigned acknowledges that each of the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to each attorney-in-fact. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 12th day of August, 2022. By /s/ Christopher Swann Name Christopher Swann
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