Brian T. Finnegan - Jan 1, 2024 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Signature
/s/ Steven F. Siegel, by power of attorney
Stock symbol
BRX
Transactions as of
Jan 1, 2024
Transactions value $
-$712,336
Form type
4
Date filed
1/3/2024, 09:09 PM
Previous filing
Dec 15, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRX Common Stock Options Exercise +17.2K +9.18% 204K Jan 1, 2024 Direct F1
transaction BRX Common Stock Tax liability -$151K -6.5K -3.19% $23.27 198K Jan 1, 2024 Direct F2
transaction BRX Common Stock Options Exercise +9.36K +4.74% 207K Jan 1, 2024 Direct F1
transaction BRX Common Stock Tax liability -$78.5K -3.37K -1.63% $23.27 204K Jan 1, 2024 Direct F2
transaction BRX Common Stock Options Exercise +6.9K +3.39% 210K Jan 1, 2024 Direct F1
transaction BRX Common Stock Tax liability -$77.8K -3.34K -1.59% $23.27 207K Jan 1, 2024 Direct F2
transaction BRX Common Stock Options Exercise +7.33K +3.54% 214K Jan 1, 2024 Direct F1
transaction BRX Common Stock Tax liability -$87K -3.74K -1.74% $23.27 211K Jan 1, 2024 Direct F2
transaction BRX Common Stock Options Exercise +15.3K +7.25% 226K Jan 1, 2024 Direct F1
transaction BRX Common Stock Tax liability -$128K -5.51K -2.44% $23.27 220K Jan 1, 2024 Direct F2
transaction BRX Common Stock Options Exercise +1.27K +0.58% 222K Jan 1, 2024 Direct F1
transaction BRX Common Stock Tax liability -$15.1K -649 -0.29% $23.27 221K Jan 1, 2024 Direct F2
transaction BRX Common Stock Sale -$174K -7.5K -3.39% $23.26 214K Jan 2, 2024 Direct F5, F6

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 Options Exercise -17.2K -100% 0 Jan 1, 2024 Common Stock 17.2K Direct F1, F3
transaction BRX Restricted Stock Units Options Exercise -9.36K -100% 0 Jan 1, 2024 Common Stock 9.36K Direct F1, F4
transaction BRX Restricted Stock Units Options Exercise -6.9K -50% 6.9K Jan 1, 2024 Common Stock 6.9K Direct F1, F4
transaction BRX Restricted Stock Units Options Exercise -7.33K -33.33% 14.7K Jan 1, 2024 Common Stock 7.33K Direct F1, F4
transaction BRX Restricted Stock Units Options Exercise -15.3K -50% 15.3K Jan 1, 2024 Common Stock 15.3K Direct F1, F3
transaction BRX Restricted Stock Units Options Exercise -1.27K -50% 1.27K Jan 1, 2024 Common Stock 1.27K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 Represents the number of shares earned based upon performance criteria and subject to additional service vesting that vested on January 1, 2024.
F4 Represents the number of service-vesting units that vested on January 1, 2024.
F5 This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 31, 2023.
F6 The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $23.00 to $23.39. The reporting person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Remarks:

Senior Executive Vice President, Chief Operating Officer