Postal Realty Trust, Inc. — Director's Dealing 2021

Jun 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Postal Realty Trust, Inc. (PSTL)
CIK: 0001759774
Period of Report: 2021-06-18

Reporting Person: LEFKOWITZ BARRY (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-18	LTIP Units	$	A	3866	Acquired		Class A Common Stock (3866)	Direct
2021-06-18	LTIP Units	$	A	2416	Acquired		Class A Common Stock (2416)	Direct

Footnotes

F1: The LTIP Units are a class of limited partnership units of Postal Realty LP (the "Operating Partnership").

F2: Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by Postal Realty Trust, Inc. (the "Issuer") into an equivalent number of units of the Operating Partnership ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of the Issuer, shares of Class A common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.

F3: Reflects LTIP Unit grants in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program that vest on the third anniversary of June 18, 2021, subject to certain conditions.

F4: The LTIP Units were granted in lieu of cash compensation. The price of the securities acquired by the Reporting Person is based on the volume weighted average price of the Issuer's Class A common stock for the 10 trading days immediately preceding June 18, 2021, which was $20.688.

F5: The LTIP Units will vest ratably on the first, second and third anniversaries of June 18, 2021, subject to continued service on the Issuer's board of directors through the applicable vesting date.