Addy Robert Mark

SEC source: 0001476204-20-000006 · wf-form4_157807373726608.xml · derivative · entry 4

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by PELP

Disclosed balance after: 3,398.79

Underlying: Common Stock · 698 shares

Expires not disclosed

F5 · derivative.exercise_price: Reflects OP Units distributed by PELP to the Reporting Person in the line above.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001476204-20-000006 · wf-form4_157807373726608.xml · derivative · entry 3

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 270,356.21

Underlying: Common Stock · 698 shares

Expires not disclosed

F4 · derivative.exercise_price: Reflects OP Units acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") upon the third annual vesting of his PELP C Units.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001476204-20-000006 · wf-form4_157807373726608.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 269,658.21

Underlying: Common Stock · 4,545 shares

Expires not disclosed

F3 · derivative.exercise_price: Reflects the number of OP Units received upon conversion of an equal number Class B Units in the line above.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001476204-20-000006 · wf-form4_157807373726608.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,414

Underlying: OP Units · 4,545 shares

Expires not disclosed

F1 · derivative.exercise_price: Reflects vesting of Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP"), previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting on 1/1/20, having previously achieved full parity with OP Units, the Class B Units were converted into an equal number of OP Units.

F2 · derivative.exercise_price: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F1 · derivative.exercise_date: Reflects vesting of Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP"), previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting on 1/1/20, having previously achieved full parity with OP Units, the Class B Units were converted into an equal number of OP Units.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F1 · derivative.expiration_date: Reflects vesting of Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO OP"), previously issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting on 1/1/20, having previously achieved full parity with OP Units, the Class B Units were converted into an equal number of OP Units.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001476204-19-000112 · wf-form4_157781486087878.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,365

Underlying: OP Units · 9,249 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects phantom units that vested on December 27, 2019 and were settled in cash.

F1 · derivative.exercise_date: Reflects phantom units that vested on December 27, 2019 and were settled in cash.

F1 · derivative.expiration_date: Reflects phantom units that vested on December 27, 2019 and were settled in cash.

SEC source: 0001476204-19-000082 · wf-form4_157263264152229.xml · nonDerivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,014.529

F1 · price: Received in exchange for shares of Phillips Edison Grocery Center REIT III, Inc. ("REIT III") in connection with the merger of REIT III into Phillips Edison & Company, Inc. ("PECO"). On the effective date of the merger, each share of Class A REIT III common stock was exchanged for (i) 0.6693 shares of PECO common stock, which is equivalent to a value of $7.4292 per REIT III share based on PECO's most recent estimated net asset value per share of $11.10, and (ii) $0.0939 in cash which the reporting person elected to receive as additional shares of PECO common stock in lieu of cash, for a total equivalent value in PECO common stock of $7.5231 per REIT III share.

SEC source: 0001476204-19-000071 · wf-form4_157011176269017.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by PELP

Disclosed balance after: 4,096.79

Underlying: Common Stock · 7,627.54 shares

Expires not disclosed

F3 · derivative.exercise_price: Reflects OP Units distributed by PELP to the Reporting Person in the line above.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001476204-19-000071 · wf-form4_157011176269017.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 265,113.21

Underlying: Common Stock · 7,627.54 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents common units of limited partnership interest ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P. ("PECO OP") acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the Reporting Person's interest in OP Units which (i) were converted from Class B Units of limited partnership interests in PECO OP ("Class B Units") and (ii) were being held by PELP until two years from the date the Class B Units were issued.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001476204-19-000046 · wf-form4_156540103648180.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by PELP

Disclosed balance after: 11,724.33

Underlying: Common Stock · 7,507.67 shares

Expires not disclosed

F3 · derivative.exercise_price: Reflects OP Units distributed by PELP to the Reporting Person in the line above.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001476204-19-000046 · wf-form4_156540103648180.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 257,485.67

Underlying: Common Stock · 7,507.67 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents common units of limited partnership interest ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P. ("PECO OP") acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the Reporting Person's interest in OP Units which (i) were converted from Class B Units of limited partnership interests in PECO OP ("Class B Units") and (ii) were being held by PELP until two years from the date the Class B Units were issued.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001548380-19-000006 · wf-form4_155923943951915.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by PELP

Disclosed balance after: 19,232

Underlying: Common Stock · 7,227 shares

Expires not disclosed

F3 · derivative.exercise_price: Reflects OP Units distributed by PELP to the Reporting Person in the line above.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001548380-19-000006 · wf-form4_155923943951915.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 249,978

Underlying: Common Stock · 7,227 shares

Expires not disclosed

F1 · derivative.exercise_price: Reflects common units of limited partnership interest ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P. ("PECO I OP") acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the Reporting Person's interest in OP Units which were (i) converted from Class B Units of limited partnership interests in PECO I OP ("Class B Units") and (ii) being held by PELP until two years from the date the Class B Units were issued.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001548380-19-000004 · wf-form4_155872586100221.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 242,751

Underlying: Common Stock · 4,545 shares

Expires not disclosed

F2 · derivative.exercise_price: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F3 · derivative.exercise_price: Represents the number of OP Units received upon conversion of an equal number Class B Units in the line above.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001548380-19-000004 · wf-form4_155872586100221.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,959

Underlying: OP Units · 4,545 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units. On May 22, 2019, 4,545 Class B Units that were previously vested achieved full parity and therefore converted into an equal number of OP Units.

F2 · derivative.exercise_price: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F1 · derivative.exercise_date: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units. On May 22, 2019, 4,545 Class B Units that were previously vested achieved full parity and therefore converted into an equal number of OP Units.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F1 · derivative.expiration_date: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units. On May 22, 2019, 4,545 Class B Units that were previously vested achieved full parity and therefore converted into an equal number of OP Units.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001548380-19-000002 · wf-form4_155431600697564.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by PELP

Disclosed balance after: 26,459

Underlying: Common Stock · 7,168 shares

Expires not disclosed

F3 · derivative.exercise_price: Reflects the OP Units distributed by PELP to the Reporting Person in the line above.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001548380-19-000002 · wf-form4_155431600697564.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 238,206

Underlying: Common Stock · 7,168 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents common units of limited partnership interest ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P. ("PECO OP") acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the Reporting Person's interest in OP Units which (i) were converted from Class B Units of limited partnership interests in PECO OP ("Class B Units") and (ii) were being held by PELP until two years from the date the Class B Units were issued.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0000899243-19-007780 · doc4.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,504

Underlying: OP Units · 9,322 shares

Expires not disclosed

F1 · security: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · security: Each OP Unit acquired upon conversion of a Class B Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of Common Stock.

F1 · derivative.exercise_price: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · derivative.exercise_price: Each OP Unit acquired upon conversion of a Class B Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of Common Stock.

F1 · derivative.exercise_date: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · derivative.exercise_date: Each OP Unit acquired upon conversion of a Class B Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of Common Stock.

F3 · derivative.exercise_date: The Class B Units are time-based awards and vest in four equal annual installments: 25% on January 1, 2020, 25% on January 1, 2021, 25% on January 1, 2022, and 25% on January 1, 2023, subject to continued employment.

F1 · derivative.expiration_date: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · derivative.expiration_date: Each OP Unit acquired upon conversion of a Class B Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of Common Stock.

SEC source: 0001476204-19-000006 · wf-form4_154664650192036.xml · derivative · entry 7

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by PELP

Disclosed balance after: 33,627

Underlying: Common Stock · 698 shares

Expires not disclosed

F4 · derivative.exercise_price: Reflects OP Units distributed by PELP to the Reporting Person in the line above.

F3 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis and have no expiration date.

F3 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis and have no expiration date.

SEC source: 0001476204-19-000006 · wf-form4_154664650192036.xml · derivative · entry 6

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 231,038

Underlying: Common Stock · 698 shares

Expires not disclosed

F6 · derivative.exercise_price: Reflects OP Units acquired by the Reporting Person as a distribution from PELP upon the second annual vesting of his PELP C Units.

F3 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis and have no expiration date.

F3 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis and have no expiration date.

SEC source: 0001476204-19-000006 · wf-form4_154664650192036.xml · derivative · entry 5

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,614

Underlying: OP Units · 9,246 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Reflects phantom units that vested on January 1, 2019 and were settled in cash.

F5 · derivative.exercise_date: Reflects phantom units that vested on January 1, 2019 and were settled in cash.

F5 · derivative.expiration_date: Reflects phantom units that vested on January 1, 2019 and were settled in cash.

SEC source: 0001476204-19-000006 · wf-form4_154664650192036.xml · derivative · entry 4

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by PELP

Disclosed balance after: 34,325

Underlying: Common Stock · 4,233 shares

Expires not disclosed

F4 · derivative.exercise_price: Reflects OP Units distributed by PELP to the Reporting Person in the line above.

F3 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis and have no expiration date.

F3 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis and have no expiration date.

SEC source: 0001476204-19-000006 · wf-form4_154664650192036.xml · derivative · entry 3

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 230,340

Underlying: Common Stock · 4,233 shares

Expires not disclosed

F2 · derivative.exercise_price: Reflects common units of limited partnership interest ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P. ("PECO OP") acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") that PELP made to its partners on a pro rata basis.

F3 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis and have no expiration date.

F3 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis and have no expiration date.

SEC source: 0001476204-18-000053 · wf-form4_154274226639697.xml · nonDerivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,539

F1 · price: Received in exchange for shares of Phillips Edison Grocery Center REIT II, Inc. ("REIT II") in connection with the merger of REIT II into Phillips Edison & Company, Inc. ("PECO"). On the effective date of the merger, each share of REIT II common stock was exchanged for 2.04 shares of PECO common stock, which is equivalent to a value of $22.54 per REIT II share based on PECO's most recent estimated net asset value per share of $11.05.

SEC source: 0001581405-18-000046 · wf-form4_154274216938524.xml · nonDerivative · entry 1

Addy Robert Mark · CIK 0001548380 · President and COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · price: Disposed of pursuant to the merger agreement between the issuer and Phillips Edison & Company, Inc. ("PECO") in exchange for 2.04 shares of PECO common stock per share of issuer common stock, which is equivalent to $22.54 per share based on PECO's most recent estimated net asset value per share of $11.05.

SEC source: 0001476204-18-000040 · wf-form4_154155203620050.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by PELP

Disclosed balance after: 38,557.44

Underlying: Common Stock · 6,949.52 shares

Expires not disclosed

F3 · derivative.exercise_price: Reflects the OP Units distributed by PELP to the Reporting Person in the line above.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0001476204-18-000040 · wf-form4_154155203620050.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 226,107.184

Underlying: Common Stock · 6,949.52 shares

Expires not disclosed

F1 · derivative.exercise_price: Reflects common units of limited partnership interest ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P. ("PECO OP") acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the Reporting Person's interest in OP Units which (i) were converted from Class B Units of limited partnership interests in PECO OP and (ii) are being held by PELP until two years from the date the Class B Units were issued.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0000899243-18-024354 · doc4.xml · derivative · entry 4

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by PELP

Disclosed balance after: 45,506.96

Underlying: Common Stock · 6,828.73 shares

Expires not disclosed

F5 · derivative.exercise_price: Reflects 6,828.73 OP Units distributed by PELP to the Reporting Person in the line above.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0000899243-18-024354 · doc4.xml · derivative · entry 3

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 219,157.66

Underlying: Common Stock · 6,828.73 shares

Expires not disclosed

F4 · derivative.exercise_price: Reflects OP Units acquired by the Reporting Person as a distribution from PELP in connection with the Reporting Person's interest in OP Units which (i) were converted from Class B Units of limited partnership interests in PECO I OP and (ii) are being held by PELP until two years from the date the Class B Units were issued.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0000899243-18-024354 · doc4.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by PELP

Disclosed balance after: 52,335.69

Underlying: Common Stock · 256 shares

Expires not disclosed

F3 · derivative.exercise_price: Reflects 256 OP Units distributed by PELP to the Reporting Person in the line above.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0000899243-18-024354 · doc4.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 212,328.93

Underlying: Common Stock · 256 shares

Expires not disclosed

F1 · derivative.exercise_price: Reflects common units of limited partnership interest ("OP Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP") acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the first annual vesting of Class C Units in PELP, which vest in four equal annual installments beginning on January 1, 2018.

F2 · derivative.exercise_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.expiration_date: OP Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0000899243-18-013959 · doc4.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 212,072.93

Underlying: Common Stock · 6,546.23 shares

Expires not disclosed

F2 · security: OP Units acquired upon conversion of Class B Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F2 · derivative.exercise_price: OP Units acquired upon conversion of Class B Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F3 · derivative.exercise_price: 6,546.23 OP Units were acquired by the Reporting Person upon conversion of an equal number of Class B Units.

F2 · derivative.exercise_date: OP Units acquired upon conversion of Class B Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F3 · derivative.exercise_date: 6,546.23 OP Units were acquired by the Reporting Person upon conversion of an equal number of Class B Units.

F2 · derivative.expiration_date: OP Units acquired upon conversion of Class B Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F3 · derivative.expiration_date: 6,546.23 OP Units were acquired by the Reporting Person upon conversion of an equal number of Class B Units.

SEC source: 0000899243-18-013959 · doc4.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 135,505.77

Underlying: OP Units · 6,546.23 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · security: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as partial consideration for asset management services. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · security: OP Units acquired upon conversion of Class B Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F1 · derivative.exercise_price: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as partial consideration for asset management services. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · derivative.exercise_price: OP Units acquired upon conversion of Class B Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F1 · derivative.exercise_date: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as partial consideration for asset management services. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · derivative.exercise_date: OP Units acquired upon conversion of Class B Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F1 · derivative.expiration_date: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as partial consideration for asset management services. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · derivative.expiration_date: OP Units acquired upon conversion of Class B Units are exchangeable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's common stock or, at the option of PECO I OP, shares of the Issuer's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

SEC source: 0000899243-18-008027 · doc4.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,182

Underlying: OP Units · 18,182 shares

Expires not disclosed

F1 · security: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · security: Each OP Unit acquired upon conversion of a Class B Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of Common Stock.

F1 · derivative.exercise_price: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · derivative.exercise_price: Each OP Unit acquired upon conversion of a Class B Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of Common Stock.

F1 · derivative.exercise_date: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · derivative.exercise_date: Each OP Unit acquired upon conversion of a Class B Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of Common Stock.

F3 · derivative.exercise_date: The Class B Units are time-based awards and vest in four equal annual installments: 25% on January 1, 2019, 25% on January 1, 2020, 25% on January 1, 2021, and 25% on January 1, 2022, subject to continued employment.

F1 · derivative.expiration_date: Represents Class B Units of limited partnership interests ("Class B Units") in Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), issued as long term incentive compensation pursuant to the Issuer's equity based compensatory programs. At issuance, the Class B Units were subject to vesting, and did not have full parity with common units of limited partnership interest in PECO I OP ("OP Units") with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B Units would convert into an equal number of OP Units.

F2 · derivative.expiration_date: Each OP Unit acquired upon conversion of a Class B Unit may be presented for redemption at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock, except that the Issuer may, at its election, acquire each OP Unit so presented for one share of Common Stock.

SEC source: 0000899243-18-008027 · doc4.xml · derivative · entry 3

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 205,526.7

Underlying: Common Stock · 6,537.58 shares

Expires not disclosed

F5 · security: Represents OP Units acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the Reporting Person's interest in OP Units which (i) were converted from Class B Units and (ii) are being held by PELP until two years from the date the Class B Units were issued.

F5 · derivative.exercise_price: Represents OP Units acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the Reporting Person's interest in OP Units which (i) were converted from Class B Units and (ii) are being held by PELP until two years from the date the Class B Units were issued.

F5 · derivative.exercise_date: Represents OP Units acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the Reporting Person's interest in OP Units which (i) were converted from Class B Units and (ii) are being held by PELP until two years from the date the Class B Units were issued.

F5 · derivative.expiration_date: Represents OP Units acquired by the Reporting Person as a distribution from Phillips Edison Limited Partnership ("PELP") in connection with the Reporting Person's interest in OP Units which (i) were converted from Class B Units and (ii) are being held by PELP until two years from the date the Class B Units were issued.

SEC source: 0000899243-18-008027 · doc4.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,860

Underlying: OP Units · 19,860 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · security: 9,246 Phantom Units vested on January 1, 2018 and were settled for cash.

F4 · derivative.exercise_price: 9,246 Phantom Units vested on January 1, 2018 and were settled for cash.

F4 · derivative.exercise_date: 9,246 Phantom Units vested on January 1, 2018 and were settled for cash.

F4 · derivative.expiration_date: 9,246 Phantom Units vested on January 1, 2018 and were settled for cash.

SEC source: 0001140361-17-042238 · doc1.xml · derivative · entry 7

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,106

Underlying: OP Units · 29,106 shares

Expires not disclosed

F14 · derivative.exercise_price: In accordance with the terms of the Contribution Agreement and effective as of the Closing, the Reporting Person entered into an RMU Cancellation and Exchange Agreement with PELP and PECO I OP, pursuant to which the Reporting Person's restricted management units of PELP (the "RMUs") were cancelled at the Closing in exchange for the right to receive three Phantom Units (as defined below) for each cancelled RMU. A "Phantom Unit" represents the right of each executive to receive from PECO I OP cash equal to the fair market value of one OP Unit upon vesting, as well as, the right to receive in cash, the equivalent of any dividend payable with respect to OP Units, regardless of whether the Phantom Unit is vested.

F15 · derivative.exercise_date: 9,246 Phantom Units will vest on each of January 1, 2018 and January 1, 2019. 9,249 Phantom Units will vest on January 1, 2020. 1,365 Phantom Units will vest on January 1, 2021. All vesting is subject to continued employment.

F15 · derivative.expiration_date: 9,246 Phantom Units will vest on each of January 1, 2018 and January 1, 2019. 9,249 Phantom Units will vest on January 1, 2020. 1,365 Phantom Units will vest on January 1, 2021. All vesting is subject to continued employment.

SEC source: 0001140361-17-042238 · doc1.xml · derivative · entry 6

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 91,389.56 shares

Expires not disclosed

F7 · derivative.exercise_price: Prior to the Closing, the Company paid to one of the Contributors as partial consideration for asset management services restricted profits interest units designated as Class B units. At issuance, the Class B units were subject to vesting, and did not have full parity with OP Units with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B unit would convert into an equal number of OP Units. At the Closing, approximately 4.8 million Class B Units held by Phillips Edison Limited Partnership ("PELP") vested and converted into OP Units.

F13 · shares: Reflects the Reporting Person's transfer to PELP of 91,389.56 OP Units in connection with taxes resulting from the distribution of 220,770.90 OP Units that were distributed to him as described in footnote (9) above.

F4 · price: In the Contribution Agreement, each OP Unit was valued at $10.20 per unit.

F3 · derivative.exercise_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F3 · derivative.expiration_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F10 · balance_after: The 179,556.34 OP Units referenced in Column 9 of the first line item above includes the acquisition of 220,770.90 OP Units and the disposition of 91,389.56 OP Units

SEC source: 0001140361-17-042238 · doc1.xml · derivative · entry 5

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · By PELP

Disclosed balance after: 0

Underlying: Common Stock · 91,779.21 shares

Expires not disclosed

F7 · derivative.exercise_price: Prior to the Closing, the Company paid to one of the Contributors as partial consideration for asset management services restricted profits interest units designated as Class B units. At issuance, the Class B units were subject to vesting, and did not have full parity with OP Units with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B unit would convert into an equal number of OP Units. At the Closing, approximately 4.8 million Class B Units held by Phillips Edison Limited Partnership ("PELP") vested and converted into OP Units.

F11 · shares: Reflects the Reporting Person's interest in the OP Units which (i) were converted from Class B units and (ii) are being held by PELP until two years from the date the Class B units were issued.

F4 · price: In the Contribution Agreement, each OP Unit was valued at $10.20 per unit.

F3 · derivative.exercise_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F3 · derivative.expiration_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F12 · balance_after: The 91,779.21 acquired OP Units are included in the 100,474.21 OP Units referenced in Column 9 of the second line item above.

F6 · ownership.nature: The Reporting Person controls PELP.

SEC source: 0001140361-17-042238 · doc1.xml · derivative · entry 4

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 220,770.9 shares

Expires not disclosed

F7 · derivative.exercise_price: Prior to the Closing, the Company paid to one of the Contributors as partial consideration for asset management services restricted profits interest units designated as Class B units. At issuance, the Class B units were subject to vesting, and did not have full parity with OP Units with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B unit would convert into an equal number of OP Units. At the Closing, approximately 4.8 million Class B Units held by Phillips Edison Limited Partnership ("PELP") vested and converted into OP Units.

F9 · shares: Reflects OP Units which were (i) converted from Class B units and (ii) distributed by the Contributors to the Reporting Person at the Closing.

F4 · price: In the Contribution Agreement, each OP Unit was valued at $10.20 per unit.

F3 · derivative.exercise_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F3 · derivative.expiration_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F10 · balance_after: The 179,556.34 OP Units referenced in Column 9 of the first line item above includes the acquisition of 220,770.90 OP Units and the disposition of 91,389.56 OP Units

SEC source: 0001140361-17-042238 · doc1.xml · derivative · entry 3

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · By PELP

Disclosed balance after: 0

Underlying: OP Units · 312,550.11 shares

Expires not disclosed

F7 · derivative.exercise_price: Prior to the Closing, the Company paid to one of the Contributors as partial consideration for asset management services restricted profits interest units designated as Class B units. At issuance, the Class B units were subject to vesting, and did not have full parity with OP Units with respect to liquidating distributions, but upon the occurrence of certain events described in PECO I OP's partnership agreement, could over time achieve full parity with the OP Units for all purposes. Upon vesting and achieving full parity with OP Units, the Class B unit would convert into an equal number of OP Units. At the Closing, approximately 4.8 million Class B Units held by Phillips Edison Limited Partnership ("PELP") vested and converted into OP Units.

F8 · shares: Reflects the Reporting Person's interest in the 4.8 million Class B units held by PELP that vested and were converted into OP Units at the Closing.

F4 · price: In the Contribution Agreement, each OP Unit was valued at $10.20 per unit.

F3 · derivative.exercise_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F3 · derivative.expiration_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F6 · ownership.nature: The Reporting Person controls PELP.

SEC source: 0001140361-17-042238 · doc1.xml · derivative · entry 2

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · By PELP

Disclosed balance after: 100,474.21

Underlying: Common Stock · 8,695 shares

Expires not disclosed

F1 · derivative.exercise_price: On October 4, 2017, pursuant to the closing (the "Closing") of that certain Contribution Agreement (the "Contribution Agreement") by and among the issuer (the "Company"), its operating partnership subsidiary, Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), the entities named on Exhibit A therein (the "Contributors"), and Jeffrey S. Edison, as the representative of the Contributors, the Contributors contributed to PECO I OP all of the issued and outstanding equity interests of certain of the Contributors' subsidiaries identified on Exhibit B of the Contribution Agreement (collectively the "Contributed Companies"), in exchange for which (i) PECO I OP issued the Contributors approximately 39.4 million common operating partnership units ("OP Units") of PECO I OP, plus cash and the contingent right to receive up to approximately 12.5 million OP Units if certain milestones are achieved as set forth in the Contribution Agreement.

F5 · shares: Reflects the Reporting Person's interest in (i) 3,394,685 OP Units held in escrow by an escrow agent as credit support for certain contingent obligations under the Contribution Agreement and OP Units retained by a Contributor.

F4 · price: In the Contribution Agreement, each OP Unit was valued at $10.20 per unit.

F3 · derivative.exercise_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F3 · derivative.expiration_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F6 · ownership.nature: The Reporting Person controls PELP.

SEC source: 0001140361-17-042238 · doc1.xml · derivative · entry 1

Addy Robert Mark · CIK 0001548380 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 179,556.34

Underlying: Common Stock · 50,175 shares

Expires not disclosed

F1 · derivative.exercise_price: On October 4, 2017, pursuant to the closing (the "Closing") of that certain Contribution Agreement (the "Contribution Agreement") by and among the issuer (the "Company"), its operating partnership subsidiary, Phillips Edison Grocery Center Operating Partnership I, L.P., a Delaware limited partnership ("PECO I OP"), the entities named on Exhibit A therein (the "Contributors"), and Jeffrey S. Edison, as the representative of the Contributors, the Contributors contributed to PECO I OP all of the issued and outstanding equity interests of certain of the Contributors' subsidiaries identified on Exhibit B of the Contribution Agreement (collectively the "Contributed Companies"), in exchange for which (i) PECO I OP issued the Contributors approximately 39.4 million common operating partnership units ("OP Units") of PECO I OP, plus cash and the contingent right to receive up to approximately 12.5 million OP Units if certain milestones are achieved as set forth in the Contribution Agreement.

F2 · shares: Reflects 50,175 OP Units distributed by the Contributors to the Reporting Person at the Closing, inclusive of OP Units held by affiliates for whom the Reporting Person is an economic beneficiary.

F4 · price: In the Contribution Agreement, each OP Unit was valued at $10.20 per unit.

F3 · derivative.exercise_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.

F3 · derivative.expiration_date: OP Units are exchangeable for cash or, at the option of PECO I OP, shares of the Company's common stock on a one-to-one basis, beginning one year from the date of issuance and have no expiration date.