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 FREDRIC H (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-06	Shares of Beneficial Interest	A	10350	—	Acquired	280121	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Shares of Beneficial Interest	25260	Indirect
Shares of Beneficial Interest	20874	Indirect
Shares of Beneficial Interest	250566	Indirect
Shares of Beneficial Interest	30981	Indirect
Shares of Beneficial Interest	23469	Indirect
Shares of Beneficial Interest	33259	Indirect
Shares of Beneficial Interest	2468	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: Reporting person is a partner in 130 Store Company, which owns these shares.

F3: Reporting person is a trustee of BRT Realty Trust Pension Trust, which owns these shares.

F4: Reporting person is a trustee of REIT Management Corp. Pension Plan and Profit Sharing Trust, which combined own the number of shares shown.

F5: Reporting person disclaims any beneficial interest in shares. Reporting person's spouse is a director of the Gould Shenfeld Family Foundation which owns 23,469 shares of issuer.

F6: Reporting person is a director of the Gould Shenfeld Family Foundation.

F7: Reporting person is grantor of the Gould Family Trust, which owns these shares.

F8: Reporting person is custodian of these shares for a minor. Reporting person disclaims any benefiical interest in these shares.

F9: Reporting person is sole shareholder of the corporate managing general partner of Gould Investors L.P. and sole member of a limited liability company which is the other general partner of Gould Investors L.P. Reporting person also holds limited partnership interests in Gould Investors L.P. both directly and indirectly. These shares represent all shares of issuer owned by Gould Investors L.P. Includes shares obtained through issuer's dividend re-investment plan.