James M. Taylor Jr - 31 Jan 2024 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Role: CEO and President
Signature: /s/ Steven F. Siegel, by power of attorney
Issuer symbol: BRX
Transactions as of: 31 Jan 2024
Net transactions value: -$2,467,996
Form type: 4
Filing time: 02 Feb 2024, 16:31:26 UTC
Previous filing: 03 Jan 2024
Next filing: 03 Jan 2025
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		+103,728	+14%		852,314	31 Jan 2024	Direct	F1
transaction	BRX	Common Stock	Tax liability	$1,188,265	-52,953	-6.2%	$22.44	799,361	31 Jan 2024	Direct	F2
transaction	BRX	Common Stock	Award		+55,858	+7%		855,219	31 Jan 2024	Direct	F1
transaction	BRX	Common Stock	Tax liability	$639,877	-28,515	-3.3%	$22.44	826,704	31 Jan 2024	Direct	F2
transaction	BRX	Common Stock	Award		+55,856	+6.8%		882,560	31 Jan 2024	Direct	F1
transaction	BRX	Common Stock	Tax liability	$639,854	-28,514	-3.2%	$22.44	854,046	31 Jan 2024	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	+103,728		$0.000000	103,728	31 Jan 2024	Common Stock	103,728		Direct	F1, F3, F4
transaction	BRX	Restricted Stock Units	Options Exercise	$0	+71,302		$0.000000	71,302	31 Jan 2024	Common Stock	71,302		Direct	F1, F5
transaction	BRX	Restricted Stock Units	Options Exercise	$0	+55,858	+2792900%	$0.000000	55,860	31 Jan 2024	Common Stock	55,860		Direct	F1, F6, F7
transaction	BRX	Restricted Stock Units	Options Exercise	$0	+55,856	+1396400%	$0.000000	55,860	31 Jan 2024	Common Stock	55,860		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	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 50% will vest on January 1, 2025 and 50% will vest on January 1, 2026.
F4	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.
F5	The RSUs vest ratably over three years beginning January 1, 2025.
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, 50% will vest on January 1, 2025 and 50% will vest on January 1, 2026.
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.