Dean Allara - 20 Jul 2021 Form 4 Insider Report for Bridge Investment Group Holdings Inc. (BRDG)

Role
Partner, Vice Chairman and Head of Client Solutions Group, Director
Signature
/s/ Matthew Grant, as attorney-in-fact
Issuer symbol
BRDG
Transactions as of
20 Jul 2021
Transactions value $
-$7,069,933
Form type
4
Filing time
21 Jul 2021, 16:45:20 UTC
Previous filing
16 Jul 2021
Next filing
06 Jan 2022
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 +135,503 $0 135,503 20 Jul 2021 Direct F1
transaction BRDG Class B Common Stock Disposed to Issuer $0 -441,201 -7.5% $0 5,415,339 20 Jul 2021 By Bridge Founders Group, LLC F2, F5
transaction BRDG Class B Common Stock Disposed to Issuer $0 -42,048 -7% $0 558,632 20 Jul 2021 By Rockridge Investments, LLC F2, F6
holding BRDG Class B Common Stock 446,330 20 Jul 2021 Direct

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 Disposed to Issuer -$6,454,770 -441,201 -7.5% $14.63 5,415,339 20 Jul 2021 Class A Common Stock 441,201 By Bridge Founders Group, LLC F3, F4, F5
transaction BRDG Class A Units Disposed to Issuer -$615,162 -42,048 -7% $14.63 558,632 20 Jul 2021 Class A Common Stock 42,048 By Rockridge Investments, LLC F3, F4, F6
holding BRDG Class A Units 446,330 20 Jul 2021 Class A Common Stock 446,430 Direct F3
* 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 July 20, 2024, subject to the Reporting Person's continued service with the Issuer through each vesting date.
F2 Reflects the cancellation for no consideration of Class B Common Stock in connection with the redemption and conversion of the Class A Units into shares of Class A Common Stock.
F3 The Class A Units may be redeemed by the Reporting Person at any time for shares of Class A Common Stock on a 1-to-1 basis.
F4 As described in the prospectus filed by the Issuer with the Securities and Exchange Commission, upon the closing of the offering, the Issuer redeemed the Class A Units from the Reporting Person.
F5 The managers of Bridge Founders Group, LLC are Dean Allara, Christian Young, Danuel Stanger, D. Russell Minnick, Branson Hamilton and Tom Ralphs. The securities reported on this line item represent the Reporting Person's proportionate interest of the securities held by Bridge Founders Group, LLC, by means of his direct or indirect ownership interest in Bridge Founders Group, LLC.
F6 The Reporting Person is the manager of Rockridge Investments, LLC and may be deemed to be the beneficial owner of these securities.

Remarks:

Partner, Vice Chairman and Head of Client Solutions Group