Fredric H. Gould - Apr 9, 2021 Form 4 Insider Report for BRT Apartments Corp. (BRT)

Role
Director
Signature
/s/ Fredric H. Gould
Stock symbol
BRT
Transactions as of
Apr 9, 2021
Transactions value $
$0
Form type
4
Date filed
6/11/2021, 05:05 PM
Previous filing
Mar 31, 2023
Next filing
Jun 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRT Common Stock Options Exercise +23.1K +6.9% 358K Apr 9, 2021 Direct F1
transaction BRT Common Stock Award $0 +14.8K +4.13% $0.00 373K Jun 9, 2021 Direct F2
holding BRT Common Stock 25.3K Apr 9, 2021 By 130 Store Company F4
holding BRT Common Stock 7.51K Apr 9, 2021 By spouse F5
holding BRT Common Stock 33.3K Apr 9, 2021 By Gould Family Trust F6
holding BRT Common Stock 2.47K Apr 9, 2021 As custodian F7
holding BRT Common Stock 2.99M Apr 9, 2021 By Gould Investors L.P. F8

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 BRT Restricted Stock Units Options Exercise -23.1K -100% 0 Apr 9, 2021 Common Stock 23.1K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the receipt of shares upon satisfaction of specified metrics with respect to restricted stock units granted on June 6, 2016. See Note 3.
F2 These shares were issued as restricted stock effective June 9, 2021 under the issuer's 2020 Incentive Plan. Generally, subject to the reporting person's continued relationship with issuer, the shares vest on June 8, 2026.
F3 Represents the achievement of specified metrics relating to such restricted stock units which were issued in 2016 and for which the measurement period ended March 31, 2021. See Note 1. After giving effect to the exchange of the number of RSUs reflected in Column 5 of Table II for the equivalent number of shares of common stock reflected in Table I, the reporting person does not own any derivative securities.
F4 Reporting person is a partner in 130 Store Company, which owns these shares.
F5 Reporting person disclaims any beneficial interest in shares. Reporting person's spouse is no longer a trustee of the Gould Shenfeld Family Foundation.
F6 Reporting person is grantor of the Gould Family Trust, which owns these shares.
F7 Reporting person is custodian of these shares for a minor. Reporting person disclaims any benefiical interest in these shares.
F8 Reporting person is the sole shareholder of the corporate managing general partner of Gould Investors L.P. Reporting person also holds limited partnership interests in Gould Investors L.P. both directly and indirectly. These shares represent all shares of the issuer owned by Gould Investors L.P., including shares in which reporting person does not have a pecuniary interest. Includes shares obtained through the issuer's dividend reinvestment plan.