BRT Apartments Corp. — Director's Dealing 2016

Sep 16, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRT REALTY TRUST (BRT)
CIK: 0000014846
Period of Report: 2016-09-14

Reporting Person: ZWEIER GEORGE (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-14	Shares of Beneficial Interest	S	200	$7.86	Disposed	59290	Direct
2016-09-14	Shares of Beneficial Interest	S	500	$7.94	Disposed	58790	Direct
2016-09-14	Shares of Beneficial Interest	S	100	$7.95	Disposed	58690	Direct
2016-09-14	Shares of Beneficial Interest	S	100	$7.97	Disposed	58590	Direct
2016-09-14	Shares of Beneficial Interest	S	200	$8.00	Disposed	58390	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (20000)	20000	Direct

Footnotes

F1: Each Restricted Stock Unit represents a contingent right to receive 1 share of BRT Realty Trust common stock. Approximately 55% and 45% of the units vest based on satisfaction of performance metrics related to total shareholder return (including relative shareholder return) and adjusted funds from operations, respectively. Each such unit is granted in tandem with a cash settled dividend equivalent right entitling the holder, to the extent such unit vests, to the cash dividends paid on the shares underlying such units from the grant date through March 31, 2021.

F2: The restricted stock units vest on March 31, 2021, subject to satisfaction of applicable continued service and performance conditions.