Elizabeth Scott Harrison - 05 Oct 2022 Form 4 Insider Report for Bluerock Residential Growth REIT, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 05 Oct 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 07 Oct 2022, 21:35:02 UTC
Prior SEC filing: 04 Jan 2022
Next SEC filing: 07 Oct 2022
Source filing: View source filing
Reporting owner signature: /s/ Christopher J. Vohs, Attorney-in-fact

Key filing fact

Elizabeth Scott Harrison filed Form 4 for Bluerock Residential Growth REIT, Inc. on 07 Oct 2022.

Key facts

This page summarizes Elizabeth Scott Harrison's Form 4 filing for Bluerock Residential Growth REIT, Inc..
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 07 Oct 2022, 21:35.

Change

Previous filing in this sequence was filed on 04 Jan 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BRG transaction Derivative

LTIP Units

Other

Transaction value
Shares: -28,054
Change %: -100%
Price
Shares after: 0
Date: 05 Oct 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 28,054
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Elizabeth Scott Harrison is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

Represents vested long-term incentive plan units ("LTIP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which Bluerock Residential Growth REIT, Inc. (the "Company") was the general partner until its withdrawal as general partner and the admission of Bluerock Homes Trust, Inc. ("BHM") as substitute general partner on October 5, 2022. Effective October 5, 2022, redemptions of common units ("Common Units") of the Operating Partnership (into which LTIP Units are convertible) were no longer able to be settled by the Operating Partnership in shares of the Company's Class A common stock and became able to be settled in shares of BHM Class A common stock.

SEC remarks

This Form 4 reports securities disposed of in connection with the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 20, 2021, by and among the Company, Badger Parent LLC and Badger Merger Sub LLC ("Merger Sub"), a copy of which is filed as Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 21, 2021. Pursuant to the Merger Agreement, on October 6, 2022 (the "Effective Time"), the Company merged with and into Merger Sub, with Merger Sub surviving, and the separate existence of the Company ceased.