Steven F. Siegel - Feb 5, 2025 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Signature
/s/ Steven F. Siegel
Stock symbol
BRX
Transactions as of
Feb 5, 2025
Transactions value $
-$284,923
Form type
4
Date filed
2/7/2025, 04:13 PM
Previous filing
Jan 3, 2025
Next filing
Feb 28, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRX Common Stock Award +14.3K +4.19% 356K Feb 5, 2025 Direct F1
transaction BRX Common Stock Tax liability -$190K -7.31K -2.05% $25.98 349K Feb 5, 2025 Direct F2
transaction BRX Common Stock Award +7.16K +2.05% 356K Feb 5, 2025 Direct F1
transaction BRX Common Stock Tax liability -$95K -3.66K -1.03% $25.98 353K Feb 5, 2025 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 +14.3K $0.00 14.3K Feb 5, 2025 Common Stock 14.3K Direct F1, F3, F4
transaction BRX Restricted Stock Units Award $0 +7.16K $0.00 7.16K Feb 5, 2025 Common Stock 7.16K Direct F1, F5, F6
transaction BRX Restricted Stock Units Award $0 +13.9K $0.00 13.9K Feb 5, 2025 Common Stock 13.9K Direct F1, 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, 7,160 will vest on January 1, 2026 and 7,160 will vest on January 1, 2027.
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 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, 3,582 will vest on January 1, 2026 and 3,582 will vest on January 1, 2027.
F6 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.
F7 The RSUs vest ratably over three years beginning January 1, 2026.

Remarks:

Executive Vice President, General Counsel