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, 06:22 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.