James M. Taylor Jr - 01 Feb 2023 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 2023
Net transactions value: -$1,199,207
Form type: 4
Filing time: 03 Feb 2023, 16:15:29 UTC
Previous filing: 04 Jan 2023
Next filing: 03 Jan 2024
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		+91,650	+15%		696,307	01 Feb 2023	Direct	F1
transaction	BRX	Common Stock	Tax liability	$1,106,980	-46,787	-6.7%	$23.66	649,520	01 Feb 2023	Direct	F2
transaction	BRX	Common Stock	Award		+7,637	+1.2%		657,157	01 Feb 2023	Direct	F1
transaction	BRX	Common Stock	Tax liability	$92,227	-3,898	-0.59%	$23.66	653,259	01 Feb 2023	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	Options Exercise	$0	+91,648		$0.000000	91,648	01 Feb 2023	Common Stock	91,648		Direct	F1, F3, F4
transaction	BRX	Restricted Stock Units	Options Exercise	$0	+67,625		$0.000000	67,625	01 Feb 2023	Common Stock	67,625		Direct	F1, F5
transaction	BRX	Restricted Stock Units	Options Exercise	$0	+7,638		$0.000000	7,638	01 Feb 2023	Common Stock	7,638		Direct	F1, F6, F7

* 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 45,824 will vest on January 1, 2024 and 45,824 will vest on January 1, 2025.
F5	The RSUs vest ratably over three years beginning January 1, 2024.
F6	Represents the portion of the number of shares determined to have been earned based upon the outperformance criteria that are subject to additional time-based vesting criteria. Of the number of outperformance RSUs reported, 3,819 will vest on January 1, 2024 and 3,819 will vest on January 1, 2025.
F7	The date of the transaction represents the date on which the outperformance criteria of a previously granted outperformance RSU were determined to have been satisfied.