Michael Z. Jacoby - 21 May 2021 Form 4 Insider Report for Broad Street Realty, Inc. (BRST)

Signature
/s/ Andrew P. Campbell as attorney-in-fact for Michael Z. Jacoby
Issuer symbol
BRST
Transactions as of
21 May 2021
Net transactions value
$0
Form type
4
Filing time
25 May 2021, 17:33:14 UTC
Next filing
28 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRST Common Stock Award +139,533 +7% 2,143,679 21 May 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for membership interests in BSV Highlandtown Investors LLC ("Highlandtown"), pursuant to the previously disclosed Agreement and Plan of Merger (the "Highlandtown Merger Agreement"), dated as of May 28, 2019, as amended on Nov. 27, 2019 and Dec. 27, 2019, by and among Highlandtown, Broad Street Realty, Inc. (the "Issuer"), Broad Street Operating Partnership, LP and a subsidiary. Upon the closing of the transactions contemplated by the Highlandtown Merger Agreement (the "Highlandtown Merger"), the membership interests that were then outstanding were converted into the right to receive shares of the Issuer's common stock.
F2 As of the date immediately prior to the effective time of the Highlandtown Merger, the last reported sales price of the Issuer's common stock on the OTC Pink Market was $1.25 per share.