Robert B. Klein - 31 Jan 2022 Form 4/A - Amendment Insider Report for Postal Realty Trust, Inc. (PSTL)

Role
Chief Financial Officer
Signature
/s/ Jie Chai, attorney-in-fact
Issuer symbol
PSTL
Transactions as of
31 Jan 2022
Net transactions value
+$751,251
Form type
4/A - Amendment
Filing time
07 Feb 2022, 08:17:41 UTC
Date Of Original Report
02 Feb 2022
Previous filing
04 Jan 2022
Next filing
04 Jan 2023
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 $751,251 +43,343 +370% $17.33 55,065 31 Jan 2022 Direct F1, F2
transaction PSTL Class A common stock Award $0 +9,123 +17% $0.000000 64,188 31 Jan 2022 Direct F3

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 +9,123 +93% $0.000000 18,982 31 Jan 2022 Class A common stock 9,123 Direct F4, F5
* 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 Postal Realty Trust, Inc.'s (the "Issuer") Class A common stock that vest on the eighth anniversary of February 1, 2022, subject to certain conditions.
F2 The restricted share grants of the Issuer's Class A common stock were granted in lieu of cash compensation. The price of the securities acquired by the Reporting Person is based on the 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 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.
F4 The Reporting Person may earn up to 150% of the Restricted Stock Units granted.
F5 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.

Remarks:

The Form 4 filed by the reporting person on February 2, 2022 inadvertently omitted the number of shares of Class A common stock acquired due to a third-party software error.