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Brixmor Property Group Inc. — Director's Dealing 2023
Feb 3, 2023
30709_dirs_2023-02-03_8f827aa9-5f6b-418d-ab1b-efaa3b1c3462.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: 2023-02-01
Reporting Person: SIEGEL STEVEN F (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-01 | Common Stock | A | 26728 | — | Acquired | 335331 | Direct |
| 2023-02-01 | Common Stock | F | 13644 | $23.66 | Disposed | 321687 | Direct |
| 2023-02-01 | Common Stock | A | 2227 | — | Acquired | 322778 | Direct |
| 2023-02-01 | Common Stock | F | 1136 | $23.66 | Disposed | 323914 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-01 | Restricted Stock Units | $ | A | 26732 | Acquired | Common Stock (26732) | Direct | |
| 2023-02-01 | Restricted Stock Units | $ | A | 15216 | Acquired | Common Stock (15216) | Direct | |
| 2023-02-01 | Restricted Stock Units | $ | A | 2228 | Acquired | Common Stock (2228) | 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, 13,366 will vest on January 1, 2024 and 13,366 will vest on January 1, 2025.
F5: The RSUs vest ratably over three years beginning January 1, 2024.
F6: Represents the portion of the number of shares determined to have been earned based upon the outperformance criteria that are subject to additional time-based vesting criteria. Of the number of outperformance RSUs reported, 1,114 will vest on January 1, 2024 and 1,114 will vest on January 1, 2025.
F7: The date of the transaction represents the date on which the outperformance criteria of a previously granted outperformance RSU were determined to have been satisfied.