Key facts
- This page summarizes James G. Babb III's Form 4 filing for Bluerock Homes Trust, Inc. (BHM).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 02 May 2024, 16:01.
James G. Babb III - 30 Apr 2024 Form 4 Insider Report for Bluerock Homes Trust, Inc. (BHM)
- Reporting relationship
- Chief Strategy Officer
- Issuer ticker
- BHM
- Reported as of
- 30 Apr 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 02 May 2024, 16:01:19 UTC
- Prior SEC filing
- 07 Nov 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Christopher J. Vohs, Attorney-In-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
James G. Babb III filed Form 4 for Bluerock Homes Trust, Inc. (BHM) on 02 May 2024.
Change
- Previous filing in this sequence was filed on 07 Nov 2023.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BHM
transaction
Derivative
LTIP Units
Award
- Transaction value
- Shares
- +3,428
- Change %
- +18%
- Price
- Shares after
- 22,986
- Date
- 30 Apr 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,428
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Represents long-term incentive plan units ("LTIP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which the Issuer is the general partner. The LTIP Units were issued at the direction of Bluerock Homes Manager, LLC (the "Manager"), in satisfaction of the Manager's reimbursement obligation to its affiliate, Bluerock Real Estate Holdings, LLC ("BREH") for the portion of the annual equity incentive award payable by BREH to the Reporting Person for services provided to the Manager in the Reporting Person's capacity as Chief Strategy Officer thereof. Such LTIP Units will vest ratably on an annual basis over a three-year period from April 30, 2024.
Footnote F2
Once vested, these LTIP Units may convert to limited partnership interests of the Operating Partnership ("OP Units") upon reaching capital account equivalency with the OP Units held by the Issuer, and may then be redeemed for cash or, at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis. The Reporting Person will be entitled to receive "distribution equivalents" with respect to such LTIP Units, whether or not vested, at the same time as distributions are paid to the holders of the Issuer's Class A common stock.