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Brixmor Property Group Inc. — Director's Dealing 2024
Feb 2, 2024
30709_dirs_2024-02-02_70b10125-ad40-44b3-b699-f9e6ebb6cd69.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: Horgan Mark (EVP, Chief Investment Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-31 | Common Stock | A | 27898 | — | Acquired | 293668 | Direct |
| 2024-01-31 | Common Stock | F | 14241 | $22.44 | Disposed | 279427 | Direct |
| 2024-01-31 | Common Stock | A | 15024 | — | Acquired | 294451 | Direct |
| 2024-01-31 | Common Stock | F | 7669 | $22.44 | Disposed | 286782 | Direct |
| 2024-01-31 | Common Stock | A | 15022 | — | Acquired | 301804 | Direct |
| 2024-01-31 | Common Stock | F | 7668 | $22.44 | Disposed | 294136 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-31 | Restricted Stock Units | $ | A | 27898 | Acquired | Common Stock (27896) | Direct | |
| 2024-01-31 | Restricted Stock Units | $ | A | 23173 | Acquired | Common Stock (23173) | Direct | |
| 2024-01-31 | Restricted Stock Units | $ | A | 15024 | Acquired | Common Stock (15024) | Direct | |
| 2024-01-31 | Restricted Stock Units | $ | A | 15022 | Acquired | Common Stock (15024) | 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 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.