Mark Horgan - 01 Feb 2022 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Role: EVP, Chief Investment Officer
Signature: /s/ Steven F. Siegel, by power of attorney
Issuer symbol: BRX
Transactions as of: 01 Feb 2022
Net transactions value: -$462,367
Form type: 4
Filing time: 03 Feb 2022, 15:40:36 UTC
Previous filing: 04 Jan 2022
Next filing: 04 Jan 2023
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		+36,042	+23%		195,655	01 Feb 2022	Direct	F1
transaction	BRX	Common Stock	Tax liability	$462,367	-18,399	-9.4%	$25.13	177,256	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	-36,040	-50%	$0.000000	36,040	01 Feb 2022	Common Stock	36,040		Direct	F1, F3, F4
transaction	BRX	Restricted Stock Units	Award	$0	-20,692	-50%	$0.000000	20,692	01 Feb 2022	Common Stock	20,692		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, 18,020 will vest on each of January 1, 2023 and January 1, 2024.
F5	The RSUs vest ratably over three years beginning January 1, 2023.