Carolyn Carter Singh - 01 Feb 2022 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Signature
/s/ Steven F. Siegel, by power of attorney
Issuer symbol
BRX
Transactions as of
01 Feb 2022
Net transactions value
-$130,349
Form type
4
Filing time
03 Feb 2022, 15:38:14 UTC
Previous filing
14 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRX Common Stock Award +12,872 +5.7% 237,829 01 Feb 2022 Direct F1
transaction BRX Common Stock Tax liability $130,349 -5,187 -2.2% $25.13 232,642 01 Feb 2022 Direct F2
holding BRX Common Stock 1,000 01 Feb 2022 By Husband in IRA

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 BRX Restricted Stock Units Award $0 -12,872 -50% $0.000000 12,872 01 Feb 2022 Common Stock 12,872 Direct F1, F3, F4
transaction BRX Restricted Stock Units Award $0 -6,765 -50% $0.000000 6,765 01 Feb 2022 Common Stock 6,765 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
F2 Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
F3 The date of the transaction represents the date on which the performance criteria of a previously granted performance share award were determined to have been satisfied.
F4 Represents the portion of the number of shares determined to have been earned based upon the performance criteria that are subject to additional time-based vesting criteria. Of the number of RSUs reported, 6,436 will vest on each of January 1, 2023 and January 1, 2024.
F5 The RSUs vest ratably over three years beginning January 1, 2023.

Remarks:

Executive Vice President, Chief Talent Officer