Ramin Kamfar - May 25, 2023 Form 4 Insider Report for Bluerock Homes Trust, Inc. (BHM)

Signature
/s/ Christopher J. Vohs, Attorney-In-Fact
Stock symbol
BHM
Transactions as of
May 25, 2023
Transactions value $
$0
Form type
4
Date filed
5/26/2023, 04:01 PM
Previous filing
May 19, 2023
Next filing
Aug 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHM Class A common stock Award +31.3K +4305.79% 32K May 25, 2023 See Footnote 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 Award +142K +22.12% 782K May 25, 2023 Class A Common Stock 142K See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's Class A common stock, $0.01 par value per share, issued to Bluerock Homes Manager, LLC (the "Manager"), in which R. Ramin Kamfar owns an indirect pecuniary interest, in payment of a portion of the annual long-term equity incentive grant for the fiscal year ended December 31, 2022. This restricted stock was issued pursuant to the Issuer's 2022 Equity Incentive Plan for Entities (the "Plan"), and will vest ratably over a three-year period from April 1, 2023.
F2 Represents long-term incentive plan units ("LTIP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which the Issuer is the general partner, issued to the Manager, in which R. Ramin Kamfar owns an indirect pecuniary interest, in payment of a portion of the annual long-term equity incentive grant for the fiscal year ended December 31, 2022. These LTIP Units were issued pursuant to the Plan, and will vest ratably over a three-year period from April 1, 2023. These LTIP Units may convert to Operating Partnership Units ("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.