Steven F. Siegel - Feb 1, 2022 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Role
Executive Vice President, General Counsel, Secretary
Signature
/s/ Steven F. Siegel
Stock symbol
BRX
Transactions as of
Feb 1, 2022
Transactions value $
-$363,279
Form type
4
Date filed
2/3/2022, 03:39 PM
Previous filing
Jan 4, 2022
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRX Common Stock Award +28.3K +8.45% 364K Feb 1, 2022 Direct F1
transaction BRX Common Stock Tax liability -$363K -14.5K -3.98% $25.13 349K Feb 1, 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 -28.3K -50% $0.00 28.3K Feb 1, 2022 Common Stock 28.3K Direct F1, F3, F4
transaction BRX Restricted Stock Units Award $0 -14.3K -50% $0.00 14.3K Feb 1, 2022 Common Stock 14.3K 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, 14,158 will vest on January 1, 2023 and 14,160 will vest on January 1, 2024.
F5 The RSUs vest ratably over three years beginning January 1, 2023.

Remarks:

Executive Vice President, General Counsel, Secretary