Matt Brandwein - 12 Feb 2024 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Role
SVP & Chief Accounting Officer
Signature
/s/ Jie Chai, attorney-in-fact
Issuer symbol
PSTL
Transactions as of
12 Feb 2024
Net transactions value
$0
Form type
4
Filing time
14 Feb 2024, 19:50:15 UTC
Previous filing
06 Feb 2024
Next filing
03 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTL Class A common stock Award $0 +4,584 +4.1% $0.000000 117,509 12 Feb 2024 Direct F1
transaction PSTL Class A common stock Award $0 +351 +0.3% $0.000000 117,860 12 Feb 2024 Direct F2
transaction PSTL Class A common stock Tax liability $0 -191 -0.16% $0.000000 117,669 12 Feb 2024 Direct

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 PSTL Restricted Stock Units Award +5,603 +66% 14,145 12 Feb 2024 Class A common stock 5,603 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a grant of restricted shares of Class A common stock of Postal Realty Trust, Inc. (the "Issuer") that vest ratably on the first, second and third anniversaries of February 1, 2024, subject to the Reporting Person's continued service as an employee through the applicable vesting date.
F2 Reflects a grant of restricted shares of the Issuer's Class A common stock that vested 100% on the date of grant.
F3 The Reporting Person may earn up to 200% of the RSUs granted.
F4 The RSUs are market-based awards and are subject to and will vest upon achievement of certain performance-based hurdles and continued employment with the Issuer during the three-year performance period ending on December 31, 2026. Upon vesting, the RSUs that vest will be settled in shares of the Issuer's Class A common stock and the Reporting Person will be entitled to receive the distributions that would have been paid with respect to each share of the Issuer's Class A common stock received upon settlement on or after the date the RSUs were initially granted.