BRT Apartments Corp. — Director's Dealing 2021

Jun 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRT Apartments Corp. (BRT)
CIK: 0000014846
Period of Report: 2021-04-09

Reporting Person: GOULD MATTHEW J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-09	Common Stock	M	23125	—	Acquired	394747	Direct
2021-06-09	Common Stock	A	14800	—	Acquired	409547	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-09	Restricted Stock Units	$0	M	23125	Disposed		Common Stock (23125)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1140	Indirect
Common Stock	33259	Indirect
Common Stock	23469	Indirect
Common Stock	20874	Indirect
Common Stock	47633	Indirect
Common Stock	2989898	Indirect

Footnotes

F1: Represents the receipt of shares upon satisfaction of specified metrics with respect to restricted stock units granted on June 6, 2016. See Note 3.

F2: These shares were issued as restricted stock effective June 9, 2021 under the issuer's 2020 Incentive Plan. Generally, subject to the reporting person's continued relationship with issuer, the shares vest on June 8, 2026.

F3: Represents the achievement of specified metrics relating to such restricted stock units which were issued in 2016 and for which the measurement period ended March 31, 2021. See Note 1. After giving effect to the exchange of the number of RSUs reflected in Column 5 of Table II for the equivalent number of shares of common stock reflected in Table I, the reporting person does not own any derivative securities.

F4: These shares are owned by children of the reporting person who reside with reporting person. Reporting person disclaims any beneficial interest in these shares.

F5: Reporting person is a trustee of the Gould Family Trust, which owns these shares.

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

F7: Reporting person is a trustee of BRT Apartments Corp. Pension Trust, which owns these shares.

F8: Shares are held by the reporting person as custodian for his children. Reporting person disclaims beneficial ownership in these shares.

F9: These shares are owned by Gould Investors L.P. Reporting person is the 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 of the shares of issuer owned by Gould Investors L.P., including shares in which he does not have a pecuniary interest. Includes shares obtained through the issuer's dividend reinvestment plan.