Jordan B. Ruddy - 09 Aug 2022 Form 4 Insider Report for Bluerock Residential Growth REIT, Inc.

Role
Chief Operating Officer and President
Signature
/s/ Christopher J. Vohs, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
09 Aug 2022
Net transactions value
$0
Form type
4
Filing time
11 Aug 2022, 17:16:23 UTC
Previous filing
11 May 2022
Next filing
26 Sep 2022
SEC
View on sec.gov

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 BRG LTIP Units Award +3,174 +1.7% 189,383 09 Aug 2022 Class A Common Stock 3,174 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents long-term incentive plan units ("LTIP Units") in the Operating Partnership issued in payment of salary for the quarter ending September 30, 2022. These LTIP Units will vest on the first anniversary of issuance and may convert to OP Units upon reaching capital account equivalency with the OP Units held by the Issuer, and may then be redeemed for cash or, at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis.

Remarks:

Chief Operating Officer and President