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: KALISH DAVID (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-09	Common Stock	M	20937	—	Acquired	217684	Direct
2021-06-09	Common Stock	A	13400	—	Acquired	231084	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-09	Restricted Stock Units	$0	M	20937	Disposed		Common Stock (20937)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	41194	Indirect
Common Stock	250566	Indirect
Common Stock	20874	Indirect
Common Stock	4870	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: Reporting person is a trustee of the Gould Investors L.P. Pension Trust.

F5: Reporting person is a trustee of each of the REIT Management Corp. Pension Plan and the REIT Management Corp. 401(k) Tax Deferred Savings Plan Profit Sharing Trust, which in the aggregate own the number of shares shown.

F6: Reporting person is a trustee of the BRT Apartments Corp. Pension Trust, which owns these shares.