Robert Randolph Morse - 20 Jul 2021 Form 4 Insider Report for Bridge Investment Group Holdings Inc. (BRDG)

Role
Partner and Executive Chairman, Director, 10%+ Owner
Signature
/s/ Matthew Grant, as attorney-in-fact
Issuer symbol
BRDG
Transactions as of
20 Jul 2021
Net transactions value
-$14,677,489
Form type
4
Filing time
21 Jul 2021, 16:40:44 UTC
Previous filing
16 Jul 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRDG Class A Common Stock Award $0 +585,428 $0.000000 585,428 20 Jul 2021 Direct F1
transaction BRDG Class B Common Stock Disposed to Issuer $0 -1,003,246 -3.5% $0.000000 27,870,157 20 Jul 2021 By FLM Holdings, LLC F2, F5
holding BRDG Class B Common Stock 1,412,126 20 Jul 2021 By Family Trusts F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BRDG Class A Units Disposed to Issuer $14,677,489 -1,003,246 -3.5% $14.63 27,870,157 20 Jul 2021 Class A Common Stock 1,003,246 By FLM Holdings, LLC F3, F4, F5
holding BRDG Class A Units 1,412,126 20 Jul 2021 Class A Common Stock 1,412,126 By Family Trusts F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted Class A Common Stock which will vest in three equal annual installments, with the first such annual installment vesting on July 20, 2024, subject to the Reporting Person's continued service with the Issuer through each vesting date.
F2 Reflects the cancellation for no consideration of Class B Common Stock in connection with the redemption and conversion of the Class A Units into shares of Class A Common Stock.
F3 The Class A Units may be redeemed by the Reporting Person at any time for shares of Class A Common Stock on a 1-to-1 basis.
F4 As described in the prospectus filed by the Issuer with the Securities and Exchange Commission, upon the closing of the offering, the Issuer redeemed the Class A Units from the Reporting Person.
F5 The Reporting Person is the manager of FLM Holdings, LLC and may be deemed to be the beneficial owner of these securities.
F6 Represents 535,274 Class A Units and 535,274 shares of Class B Common Stock held by The Charlotte Morse 2017 AET ("Trust I"), 292,284 Class A Units and 292,284 shares of Class B Common Stock held by The Elliot Coleman Morse 2017 AET ("Trust II"), 292,284 Class A Units and 292,284 shares of Class B Common Stock held by The Margaret Brooke Morse 2017 AET ("Trust III") and 292,284 Class A Units and 292,284 shares of Class B Common Stock held by The Robert Edson Morse 2017 AET ("Trust IV" and together with Trust I, Trust II and Trust III, the "Family Trusts"). FLM Management LLC is the trustee of each of the Family Trusts. The Reporting Person is the manager of FLM Management LLC and, as a result, may be deemed to be the beneficial owner of these securities.

Remarks:

Partner and Executive Chairman