Mark Horgan - Jan 31, 2024 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Role: EVP, Chief Investment Officer
Signature: /s/ Steven F. Siegel, by power of attorney
Stock symbol: BRX
Transactions as of: Jan 31, 2024
Transactions value $: -$663,730
Form type: 4
Date filed: 2/2/2024, 04:28 PM
Previous filing: Jan 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRX	Common Stock	Award		+27.9K	+10.5%		294K	Jan 31, 2024	Direct	F1
transaction	BRX	Common Stock	Tax liability	-$320K	-14.2K	-4.85%	$22.44	279K	Jan 31, 2024	Direct	F2
transaction	BRX	Common Stock	Award		+15K	+5.38%		294K	Jan 31, 2024	Direct	F1
transaction	BRX	Common Stock	Tax liability	-$172K	-7.67K	-2.6%	$22.44	287K	Jan 31, 2024	Direct	F2
transaction	BRX	Common Stock	Award		+15K	+5.24%		302K	Jan 31, 2024	Direct	F1
transaction	BRX	Common Stock	Tax liability	-$172K	-7.67K	-2.54%	$22.44	294K	Jan 31, 2024	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	+27.9K		$0.00	27.9K	Jan 31, 2024	Common Stock	27.9K		Direct	F1, F3, F4
transaction	BRX	Restricted Stock Units	Award	$0	+23.2K		$0.00	23.2K	Jan 31, 2024	Common Stock	23.2K		Direct	F1, F5
transaction	BRX	Restricted Stock Units	Award	$0	+15K		$0.00	15K	Jan 31, 2024	Common Stock	15K		Direct	F1, F6, F7
transaction	BRX	Restricted Stock Units	Award	$0	+15K	+751100%	$0.00	15K	Jan 31, 2024	Common Stock	15K		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	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, 50% will vest on January 1, 2025 and 50% will vest January 1, 2026.
F4	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.
F5	The RSUs vest ratably over three years beginning January 1, 2025.
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, 50% will vest on January 1, 2025 and 50% will vest on January 1, 2026.
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.