Robert Randolph Morse - 01 Jan 2023 Form 4 Insider Report for Bridge Investment Group Holdings Inc. (BRDG)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Matthew Grant, as attorney-in-fact
Issuer symbol
BRDG
Transactions as of
01 Jan 2023
Net transactions value
+$4,751,315
Form type
4
Filing time
04 Jan 2023, 14:55:05 UTC
Previous filing
29 Dec 2022
Next filing
22 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRDG Class A Common Stock Award $0 +720,000 +61% $0.000000 1,890,856 01 Jan 2023 Direct F1
holding BRDG Class B Common Stock 27,870,157 01 Jan 2023 By FLM Holdings F2
holding BRDG Class B Common Stock 1,412,126 01 Jan 2023 By Family Trusts 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 BRDG Class A Units Other $4,719,021 +391,620 +1.2% $12.05 32,705,962 01 Jan 2023 Class A Common Stock 391,620 By FLM Holdings, LLC F2, F4, F5
transaction BRDG Class A Units Other $32,294 +2,680 +0.19% $12.05 1,444,649 01 Jan 2023 Class A Common Stock 2,680 By Family Trusts F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted Class A Common Stock which will vest in three equal annual installments, with the first such annual installment vesting on January 1, 2026, subject to the Reporting Person's continued service with the Issuer through each vesting date.
F2 The Reporting Person is the manager of FLM Holdings, LLC and may be deemed to be the beneficial owner of these securities.
F3 Represents 567,797 Class A Units and 535,274 shares of Class B Common Stock held by The Charlotte Morse 2017 AET ("Trust I"), 292,284 Class A Units and 292,284 shares of Class B Common Stock held by The Elliot Coleman Morse 2017 AET ("Trust II"), 292,284 Class A Units and 292,284 shares of Class B Common Stock held by The Margaret Brooke Morse 2017 AET ("Trust III") and 292,284 Class A Units and 292,284 shares of Class B Common Stock held by The Robert Edson Morse 2017 AET ("Trust IV" and together with Trust I, Trust II and Trust III, the "Family Trusts"). FLM Management LLC is the trustee of each of the Family Trusts. The Reporting Person is the manager of FLM Management LLC and, as a result, may be deemed to be the beneficial owner of these securities.
F4 The Class A Units in Bridge Investment Group Holdings LLC may be redeemed by the Reporting Person at any time for shares of Class A Common Stock on a 1-to-1 basis.
F5 Represents securities issued in connection with the redemption of equity interests in entities affiliated with the Issuer.