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

Role
Executive Vice President, General Counsel and Secretary
Signature
/s/ Steven F. Siegel
Stock symbol
BRX
Transactions as of
Jan 31, 2024
Transactions value $
-$553,505
Form type
4
Date filed
2/2/2024, 04:30 PM
Previous filing
Jan 3, 2024
Next filing
Jul 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRX Common Stock Award +23.3K +6.72% 370K Jan 31, 2024 Direct F1
transaction BRX Common Stock Tax liability -$266K -11.9K -3.21% $22.44 358K Jan 31, 2024 Direct F2
transaction BRX Common Stock Award +12.5K +3.5% 370K Jan 31, 2024 Direct F1
transaction BRX Common Stock Tax liability -$143K -6.39K -1.73% $22.44 364K Jan 31, 2024 Direct F2
transaction BRX Common Stock Award +12.5K +3.44% 376K Jan 31, 2024 Direct F1
transaction BRX Common Stock Tax liability -$144K -6.4K -1.7% $22.44 370K 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 +23.3K +2326500% $0.00 23.3K Jan 31, 2024 Common Stock 23.3K Direct F1, F3, F4
transaction BRX Restricted Stock Units Award $0 +16K $0.00 16K Jan 31, 2024 Common Stock 16K Direct F1, F5
transaction BRX Restricted Stock Units Award $0 +12.5K +208766.67% $0.00 12.5K Jan 31, 2024 Common Stock 12.5K Direct F1, F6, F7
transaction BRX Restricted Stock Units Award $0 +12.5K $0.00 12.5K Jan 31, 2024 Common Stock 12.5K 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