Steven F. Siegel - 31 Jan 2024 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Role
Executive Vice President, General Counsel and Secretary
Signature
/s/ Steven F. Siegel
Issuer symbol
BRX
Transactions as of
31 Jan 2024
Net transactions value
-$553,505
Form type
4
Filing time
02 Feb 2024, 16:30:28 UTC
Previous filing
03 Jan 2024
Next filing
16 Jul 2024
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 +23,265 +6.7% 369,614 31 Jan 2024 Direct F1
transaction BRX Common Stock Tax liability $266,497 -11,876 -3.2% $22.44 357,738 31 Jan 2024 Direct F2
transaction BRX Common Stock Award +12,526 +3.5% 370,264 31 Jan 2024 Direct F1
transaction BRX Common Stock Tax liability $143,481 -6,394 -1.7% $22.44 363,870 31 Jan 2024 Direct F2
transaction BRX Common Stock Award +12,530 +3.4% 376,400 31 Jan 2024 Direct F1
transaction BRX Common Stock Tax liability $143,526 -6,396 -1.7% $22.44 370,004 31 Jan 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 +23,265 +2326500% $0.000000 23,266 31 Jan 2024 Common Stock 23,266 Direct F1, F3, F4
transaction BRX Restricted Stock Units Award $0 +16,043 $0.000000 16,043 31 Jan 2024 Common Stock 16,043 Direct F1, F5
transaction BRX Restricted Stock Units Award $0 +12,526 +208767% $0.000000 12,532 31 Jan 2024 Common Stock 12,532 Direct F1, F6, F7
transaction BRX Restricted Stock Units Award $0 +12,530 $0.000000 12,528 31 Jan 2024 Common Stock 12,528 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 on 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.

Remarks:

Executive Vice President, General Counsel and Secretary