Matt Brandwein - Jan 31, 2022 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Role
SVP & Chief Accounting Officer
Signature
/s/ Jie Chai, attorney-in-fact
Stock symbol
PSTL
Transactions as of
Jan 31, 2022
Transactions value $
$99,992
Form type
4
Date filed
2/2/2022, 04:26 PM
Previous filing
Jan 4, 2022
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSTL Class A common stock Award $100K +5.77K +13.95% $17.33 47.1K Jan 31, 2022 Direct F1, F2, F3
transaction PSTL Class A common stock Award $0 +4.04K +8.57% $0.00 51.2K Jan 31, 2022 Direct F3, F4
transaction PSTL Class A common stock Award $0 +5.77K +11.28% $0.00 56.9K Jan 31, 2022 Direct F3, F5
transaction PSTL Class A common stock Award $0 +3.75K +6.59% $0.00 60.7K Jan 31, 2022 Direct F3, F6
transaction PSTL Class A common stock Tax liability $0 -678 -1.12% $0.00 60K Feb 1, 2022 Direct F3, F7

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 $0 +3.75K +95.76% $0.00 7.67K Jan 31, 2022 Class A common stock 3.75K Direct F8, F9
* 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.'s (the "Issuer") in lieu of cash compensation that vested 100% on the date of grant.
F2 The price of the securities acquired by the Reporting Person is based on the volume weighted average price of the Issuer's Class A common stock for the 10 trading days immediately preceding January 31, 2022, which was $17.3327.
F3 Includes purchases of 299 shares under the Issuer's 2019 Qualified Employee Stock Purchase Plan.
F4 Reflects a grant of restricted shares of the Issuer's Class A common stock that vest ratably on the first, second and third anniversaries of February 1, 2022, subject to the Reporting Person's continued service as an employee through the applicable vesting date.
F5 Reflects a grant of restricted shares of the Issuer's Class A common stock that vest on the eighth anniversary of February 1, 2022, subject to certain conditions.
F6 Reflects a grant of restricted shares of the Issuer's Class A common stock that vest ratably on the first, second and third anniversaries of December 31, 2021, subject to the Reporting Person's continued service as an employee through the applicable vesting date.
F7 Reflects shares withheld to satisfy tax withholding obligation in connection with the partial vesting of a restricted stock award granted on February 11, 2021.
F8 The Reporting Person may earn up to 150% of the Restricted Stock Units granted.
F9 The Restricted Stock Units are market-based awards and are subject to and will vest upon achievement of performance-based hurdles relating to the Issuer's absolute total stockholder return and continued employment with the Issuer during the period from the grant date through December 31, 2024. Upon vesting, the Restricted Stock Units 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 Restricted Stock Units were initially granted.