Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BRST | Common Stock | Award | $0 | +14.5K | +12.05% | $0.00 | 135K | Oct 1, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BRST | Performance Rights | Award | $0 | +698K | $0.00 | 698K | Oct 1, 2021 | Common Stock | 698K | Direct | F2, F3 |
Id | Content |
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F1 | Represents restricted shares of Broad Street Realty's (the "Company") common stock granted pursuant to the Company's Amended and Restated 2020 Equity Incentive Plan that vest ratably on each of January 1, 2022, January 1, 2023 and January 1, 2024. |
F2 | Each performance right represents a contingent right to receive one share of the Company's common stock. The performance rights vest upon the Company's common stock achieving a specified Implied Equity Market Capitalization (as defined in the performance award of stock units agreement substantially in the form filed as Exhibit 10.2 to the Company's Current Report on Form 8-K filed on September 21, 2021) at the end of the performance period ending on December 31, 2024. If, however, the maximum amount of the award is not earned as of December, 31, 2024, the remaining performance rights may be earned based on the Company's Implied Equity Market Capitalization as of December 31, 2025. |
F3 | The number represents the maximum number of shares that may be delivered pursuant to the award. |