James M. Taylor Jr - 01 Feb 2022 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Role
President and CEO
Signature
/s/ Steven F. Siegel, by power of attorney
Issuer symbol
BRX
Transactions as of
01 Feb 2022
Net transactions value
-$1,321,059
Form type
4
Filing time
03 Feb 2022, 15:40:14 UTC
Previous filing
04 Jan 2022
Next filing
11 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRX Common Stock Award +102,976 +21% 604,230 01 Feb 2022 Direct F1
transaction BRX Common Stock Tax liability $1,321,059 -52,569 -8.7% $25.13 551,661 01 Feb 2022 Direct F2

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 BRX Restricted Stock Units Award $0 -102,974 -50% $0.000000 102,974 01 Feb 2022 Common Stock 102,974 Direct F1, F3, F4
transaction BRX Restricted Stock Units Award $0 -63,669 -50% $0.000000 63,669 01 Feb 2022 Common Stock 63,669 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") convert into common stock on a one-for-one basis.
F2 Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
F3 The date of the transaction represents the date on which the performance criteria of a previously granted performance share award were determined to have been satisfied.
F4 Represents the portion of the number of shares determined to have been earned based upon the performance criteria that are subject to additional time-based vesting criteria. Of the number of RSUs reported, 51,486 will vest on January 1, 2023 and 51,488 will vest on January 1, 2024.
F5 The RSUs vest ratably over three years beginning January 1, 2023.