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Brixmor Property Group Inc. — Director's Dealing 2022
Feb 3, 2022
30709_dirs_2022-02-03_e895c166-ae67-4dd9-bdb1-dd3111aa0b29.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: 2022-02-01
Reporting Person: SIEGEL STEVEN F (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-01 | Common Stock | A | 28318 | — | Acquired | 363581 | Direct |
| 2022-02-01 | Common Stock | F | 14456 | $25.13 | Disposed | 349125 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-01 | Restricted Stock Units | $ | A | 28318 | Disposed | Common Stock (28318) | Direct | |
| 2022-02-01 | Restricted Stock Units | $ | A | 14326 | Disposed | Common Stock (14326) | 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, 14,158 will vest on January 1, 2023 and 14,160 will vest on January 1, 2024.
F5: The RSUs vest ratably over three years beginning January 1, 2023.