Brian T. Finnegan - 01 Feb 2023 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Role
Executive Vice President, Chief Revenue Officer
Signature
/s/ Steven F. Siegel, by power of attorney
Issuer symbol
BRX
Transactions as of
01 Feb 2023
Net transactions value
-$399,712
Form type
4
Filing time
03 Feb 2023, 16:14:36 UTC
Previous filing
04 Jan 2023
Next filing
15 Dec 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 +30,550 +17% 208,722 01 Feb 2023 Direct F1
transaction BRX Common Stock Tax liability $368,978 -15,595 -7.5% $23.66 193,127 01 Feb 2023 Direct F2
transaction BRX Common Stock Award +2,545 +1.3% 195,672 01 Feb 2023 Direct F1
transaction BRX Common Stock Tax liability $30,734 -1,299 -0.66% $23.66 194,373 01 Feb 2023 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 +30,550 $0.000000 30,550 01 Feb 2023 Common Stock 30,550 Direct F1, F3, F4
transaction BRX Restricted Stock Units Award $0 +21,978 $0.000000 21,978 01 Feb 2023 Common Stock 21,978 Direct F1, F5
transaction BRX Restricted Stock Units Award $0 +2,546 $0.000000 2,546 01 Feb 2023 Common Stock 2,546 Direct F1, F6, F7
* 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, 15,274 will vest on January 1, 2024 and 15,274 will vest on January 1, 2025.
F5 The RSUs vest ratably over three years beginning January 1, 2024.
F6 Represents the portion of the number of shares determined to have been earned based upon the outperformance criteria that are subject to additional time-based vesting criteria. Of the number of outperformance RSUs reported, 1,273 will vest on January 1, 2024 and 1,273 will vest on January 1, 2025.
F7 The date of the transaction represents the date on which the outperformance criteria of a previously granted outperformance RSU were determined to have been satisfied.

Remarks:

Executive Vice President, Chief Revenue Officer