FREDRIC H. GOULD - 09 Apr 2021 Form 4 Insider Report for BRT Apartments Corp. (BRT)

Role
Director
Signature
/s/ Fredric H. Gould
Issuer symbol
BRT
Transactions as of
09 Apr 2021
Net transactions value
$0
Form type
4
Filing time
11 Jun 2021, 17:05:28 UTC
Previous filing
31 Mar 2023
Next filing
14 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRT Common Stock Options Exercise +23,125 +6.9% 358,432 09 Apr 2021 Direct F1
transaction BRT Common Stock Award $0 +14,800 +4.1% $0.000000 373,232 09 Jun 2021 Direct F2
holding BRT Common Stock 25,260 09 Apr 2021 By 130 Store Company F4
holding BRT Common Stock 7,512 09 Apr 2021 By spouse F5
holding BRT Common Stock 33,259 09 Apr 2021 By Gould Family Trust F6
holding BRT Common Stock 2,468 09 Apr 2021 As custodian F7
holding BRT Common Stock 2,989,898 09 Apr 2021 By Gould Investors L.P. F8

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 BRT Restricted Stock Units Options Exercise -23,125 -100% 0 09 Apr 2021 Common Stock 23,125 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the receipt of shares upon satisfaction of specified metrics with respect to restricted stock units granted on June 6, 2016. See Note 3.
F2 These shares were issued as restricted stock effective June 9, 2021 under the issuer's 2020 Incentive Plan. Generally, subject to the reporting person's continued relationship with issuer, the shares vest on June 8, 2026.
F3 Represents the achievement of specified metrics relating to such restricted stock units which were issued in 2016 and for which the measurement period ended March 31, 2021. See Note 1. After giving effect to the exchange of the number of RSUs reflected in Column 5 of Table II for the equivalent number of shares of common stock reflected in Table I, the reporting person does not own any derivative securities.
F4 Reporting person is a partner in 130 Store Company, which owns these shares.
F5 Reporting person disclaims any beneficial interest in shares. Reporting person's spouse is no longer a trustee of the Gould Shenfeld Family Foundation.
F6 Reporting person is grantor of the Gould Family Trust, which owns these shares.
F7 Reporting person is custodian of these shares for a minor. Reporting person disclaims any benefiical interest in these shares.
F8 Reporting person is the sole shareholder of the corporate managing general partner of Gould Investors L.P. Reporting person also holds limited partnership interests in Gould Investors L.P. both directly and indirectly. These shares represent all shares of the issuer owned by Gould Investors L.P., including shares in which reporting person does not have a pecuniary interest. Includes shares obtained through the issuer's dividend reinvestment plan.