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Brixmor Property Group Inc. — Director's Dealing 2017
Jan 18, 2017
30709_dirs_2017-01-17_0596fbe1-3eef-431c-bde7-0e4620011eef.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Brixmor Property Group Inc. (BRX)
CIK: 0001581068
Period of Report: 2017-01-17
Reporting Person: Finnegan Brian T (See Remarks)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-01-17 | LTIP Units | $ | J | 10 | Acquired | Common Stock (10) | Direct |
Footnotes
F1: Upon satisfaction of minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes and the expiration of a two year restricted period from the date of grant, each LTIP Unit may be converted, at the election of the holder, into a common unit of Brixmor Operating Partnership LP. The common units of Brixmor Operating Partnership LP are redeemable for cash or, at the option of the Issuer, exchangeable for shares of common stock of the Issuer, on a one-for-one basis.
F2: Represents the accrual of additional LTIP Units upon the reinvestment of dividend equivalents earned on 1,067 unvested LTIP Units previously earned under a performance award granted on March 6, 2015. The additional LTIP Units reported will vest on January 1, 2018, subject to the continued employment of the reporting person through that date.