Matt Brandwein - 31 Jan 2022 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
31 Jan 2022
Net transactions value
+$99,992
Form type
4
Filing time
02 Feb 2022, 16:26:16 UTC
Previous filing
04 Jan 2022
Next filing
16 Feb 2022
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 $99,992 +5,769 +14% $17.33 47,111 31 Jan 2022 Direct F1, F2, F3
transaction PSTL Class A common stock Award $0 +4,039 +8.6% $0.000000 51,150 31 Jan 2022 Direct F3, F4
transaction PSTL Class A common stock Award $0 +5,769 +11% $0.000000 56,919 31 Jan 2022 Direct F3, F5
transaction PSTL Class A common stock Award $0 +3,750 +6.6% $0.000000 60,669 31 Jan 2022 Direct F3, F6
transaction PSTL Class A common stock Tax liability $0 -678 -1.1% $0.000000 59,991 01 Feb 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 +3,750 +96% $0.000000 7,666 31 Jan 2022 Class A common stock 3,750 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.