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Brixmor Property Group Inc. — Director's Dealing 2020
Jan 3, 2020
30709_dirs_2020-01-03_4bca5010-1e5b-462c-8665-592c57c08843.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: 2020-01-01
Reporting Person: Gallagher Steven T (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-01 | Common Stock | M | 1385 | — | Acquired | 2308 | Direct |
| 2020-01-01 | Common Stock | F | 467 | $21.61 | Disposed | 1841 | Direct |
| 2020-01-01 | Common Stock | M | 2802 | — | Acquired | 4643 | Direct |
| 2020-01-01 | Common Stock | F | 944 | $21.61 | Disposed | 3699 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-26 | Restricted Stock Units | $ | A | 8401 | Disposed | Common Stock (8401) | Direct | |
| 2020-01-01 | Restricted Stock Units | $ | M | 1385 | Disposed | Common Stock (1385) | Direct | |
| 2020-01-01 | Restricted Stock Units | $ | M | 2802 | Disposed | Common Stock (2802) | Direct |
Footnotes
F1: Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
F2: Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
F3: The date of the transaction represents the date on which the performance criteria of a previously granted performance share award were determined to have been satisfied.
F4: Represents the portion of the number of shares determined to have been earned based upon the performance criteria which are subject to additional time-based vesting criteria. Of the number of Restricted Stock Units reported, 2,802 vested on January 1, 2020 (reflected herein), 2,799 will vest on January 1, 2021 and 2,800 will vest on January 1, 2022, in each case subject to the continued employment of the reporting person through that date.
F5: Represents the number of shares earned based upon performance criteria and subject to additional service vesting that vested on January 1, 2020.