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Brixmor Property Group Inc. — Director's Dealing 2024
Feb 2, 2024
30709_dirs_2024-02-02_a932d56a-622f-458a-ac77-48d5b23e8186.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: 2024-01-31
Reporting Person: SIEGEL STEVEN F (See remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-31 | Common Stock | A | 23265 | — | Acquired | 369614 | Direct |
| 2024-01-31 | Common Stock | F | 11876 | $22.44 | Disposed | 357738 | Direct |
| 2024-01-31 | Common Stock | A | 12526 | — | Acquired | 370264 | Direct |
| 2024-01-31 | Common Stock | F | 6394 | $22.44 | Disposed | 363870 | Direct |
| 2024-01-31 | Common Stock | A | 12530 | — | Acquired | 376400 | Direct |
| 2024-01-31 | Common Stock | F | 6396 | $22.44 | Disposed | 370004 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-31 | Restricted Stock Units | $ | A | 23265 | Acquired | Common Stock (23266) | Direct | |
| 2024-01-31 | Restricted Stock Units | $ | A | 16043 | Acquired | Common Stock (16043) | Direct | |
| 2024-01-31 | Restricted Stock Units | $ | A | 12526 | Acquired | Common Stock (12532) | Direct | |
| 2024-01-31 | Restricted Stock Units | $ | A | 12530 | Acquired | Common Stock (12528) | 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: 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, 50% will vest on January 1, 2025 and 50% will vest on January 1, 2026.
F4: 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.
F5: The RSUs vest ratably over three years beginning January 1, 2025.
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, 50% will vest on January 1, 2025 and 50% will vest on January 1, 2026.
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.