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Brixmor Property Group Inc. — Director's Dealing 2021
Feb 4, 2021
30709_dirs_2021-02-04_fc8e7794-3564-4d4a-bfe8-330d8b1099ec.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: 2021-02-02
Reporting Person: Horgan Mark (EVP, Chief Investment Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-02 | Common Stock | A | 37928 | — | Acquired | 147695 | Direct |
| 2021-02-02 | Common Stock | F | 14813 | $17.24 | Disposed | 132882 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-02 | Restricted Stock Units | $ | A | 37926 | Disposed | Common Stock (37926) | Direct | |
| 2021-02-02 | Restricted Stock Units | $ | A | 30047 | Disposed | Common Stock (30047) | 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 that are subject to additional time-based vesting criteria. Of the number of RSUs reported, 18,962 will vest on January 1, 2022 and 18,964 will vest on January 1, 2023.
F5: The RSUs vest ratably over three years beginning January 1, 2022.