I. Bobby Majumder - 05 Oct 2022 Form 4 Insider Report for Bluerock Homes Trust, Inc. (BHM)

Role
Director
Signature
/s/ Christopher J. Vohs, Attorney-in-fact
Issuer symbol
BHM
Transactions as of
05 Oct 2022
Net transactions value
$0
Form type
4
Filing time
07 Oct 2022, 21:31:54 UTC
Previous filing
03 Oct 2022
Next filing
07 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHM Class A Common Stock, par value $0.01 per share Other +1,778 1,778 06 Oct 2022 Direct F1

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 BHM LTIP Units Other +23,356 23,356 05 Oct 2022 Class A Common Stock 23,356 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities acquired pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 20, 2021, by and among Bluerock Residential Growth REIT, Inc. ("BRG"), Badger Parent LLC ("Badger Parent") and Badger Merger Sub LLC, and the Separation and Distribution Agreement (the "Separation and Distribution Agreement"), dated as of October 5, 2022, by and among BRG, Badger Parent, Badger Holdco LLC, Bluerock Residential Holdings, LP (the "Operating Partnership"), and the Issuer, dated as of October 5, 2022.
F2 Represents long-term incentive plan units ("LTIP Units") in the Operating Partnership, of which the Issuer is the general partner. The LTIP Units are fully vested and may convert to common units ("Common Units") of the Operating Partnership upon reaching capital account equivalency with the Common Units held by the Issuer, and may then after a one year holding period (including any period during which the LTIP Units were held) be redeemed for cash, or at the option of the Issuer, for shares of the Issuer's Class A common stock on a one-for-one basis, subject to certain adjustments and the terms and conditions of the Second Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as amended (the "Partnership Agreement").

Remarks:

This Form 4 reports securities acquired or disposed of in connection with the transactions contemplated by the Merger Agreement and Separation and Distribution Agreement. Exhibit List Exhibit 24 - Power of Attorney