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

Feb 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Postal Realty Trust, Inc. (PSTL)
CIK: 0001759774
Period of Report: 2021-02-11

Reporting Person: Klein Robert B (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-11	Class A common stock	A	3117	$16.04	Acquired	3117	Direct
2021-02-11	Class A common stock	A	9859	$0.00	Acquired	12976	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-11	Restricted Stock Units	$	A	9859	Acquired		Class A common stock (9859)	Direct

Footnotes

F1: Reflects a grant of restricted shares of the Issuer's Class A common stock that vest on the eighth anniversary of February 1, 2021, subject to certain conditions.

F2: The restricted share grants of the Issuer's Class A common stock were granted in lieu of cash compensation. The price of the securities acquired by the Reporting Person is based on the average price of the Issuer's Class A common stock for the 10 trading days immediately preceding February 1, 2021, which was $16.04.

F3: Reflects a grant of restricted shares of the Issuer's Class A common stock that vest ratably on the first, second and third anniversaries of December 31, 2020, subject to the Reporting Person's continued service as an employee through the applicable vesting date.

F4: The Reporting Person may earn up to 100% of the Restricted Stock Units granted.

F5: The Restricted Stock Units are market-based awards and are subject to and will vest upon achievement of performance-based hurdles relating to the Issuer's absolute total stockholder return and continued employment with the Issuer during the period from the grant date through December 31, 2023. Upon vesting, the Restricted Stock Units that vest will be settled in shares of the Issuer's Class A common stock and the Reporting Person will be entitled to receive the distributions that would have been paid with respect to each share of the Issuer's Class A common stock received upon settlement on or after the date the Restricted Stock Units were initially granted.