Brian T. Finnegan - 01 Feb 2022 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Role
Executive Vice President, Leasing
Signature
/s/ Steven F. Siegel, by power of attorney
Issuer symbol
BRX
Transactions as of
01 Feb 2022
Transactions value $
-$440,353
Form type
4
Filing time
03 Feb 2022, 15:39:43
Previous filing
04 Jan 2022
Next filing
05 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRX Common Stock Award +34.3K +24.72% 173K 01 Feb 2022 Direct F1
transaction BRX Common Stock Tax liability -$440K -17.5K -10.12% $25.13 156K 01 Feb 2022 Direct F2

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 -34.3K -50% $0.00 34.3K 01 Feb 2022 Common Stock 34.3K Direct F1, F3, F4
transaction BRX Restricted Stock Units Award $0 -20.7K -50% $0.00 20.7K 01 Feb 2022 Common Stock 20.7K 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, 17,162 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, Leasing