BRT Apartments Corp. — Director's Dealing 2016

Jan 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRT REALTY TRUST (BRT)
CIK: 0000014846
Period of Report: 2016-01-06

Reporting Person: GOULD MATTHEW J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-06	Shares of Beneficial Interest	A	13230	—	Acquired	302273	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Shares of Beneficial Interest	1140	Indirect
Shares of Beneficial Interest	33259	Indirect
Shares of Beneficial Interest	23469	Indirect
Shares of Beneficial Interest	47633	Indirect
Shares of Beneficial Interest	2903469.77	Indirect

Footnotes

F1: These shares were issued as restricted stock effective January 6, 2016, under the issuer's 2012 Incentive Plan. The shares vest January 5, 2021. The award is exempt from Section 16(b) under Rule 16b-3(d)(1).

F2: Includes shares held in reporting person's IRA and Keogh accounts and in money purchase pension plan.

F3: These shares are owned by children of reporting person who reside with reporting person. Reporting person disclaims any beneficial interest in these shares.

F4: Reporting person is a trustee of the Gould Family Trust, which owns these shares.

F5: Reporting person is a trustee of the Gould Shenfeld Family Foundation.

F6: Shares are held by reporting person as custodian for his children. Reporting person disclaims beneficial ownership in these shares.

F7: These shares are owned by Gould Investors L.P. Reporting person is chairman of the corporate managing general partner of Gould Investors L.P., and he holds limited partnership interests in Gould Investors L.P. These shares represent all shares of issuer owned by Gould Investors L.P.