Isaac Kalish - Apr 9, 2021 Form 4 Insider Report for BRT Apartments Corp. (BRT)

Role
VP and Assistant Treasurer
Signature
/s/ Isaac Kalish
Stock symbol
BRT
Transactions as of
Apr 9, 2021
Transactions value $
$0
Form type
4
Date filed
6/11/2021, 06:08 PM
Next filing
Aug 5, 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 +17.8K +25.79% 86.9K Apr 9, 2021 Direct F1
transaction BRT Common Stock Award $0 +11.4K +13.12% $0.00 98.3K Jun 9, 2021 Direct F2
holding BRT Common Stock 41.2K Apr 9, 2021 By Gould Investors L.P. pension trust F4
holding BRT Common Stock 251K Apr 9, 2021 By REIT Mgt. Corp. pension and profit sharing trusts F5
holding BRT Common Stock 20.9K Apr 9, 2021 By BRT Apartments Corp. Pension Trust F6
holding BRT Common Stock 384 Apr 9, 2021 As custodian for children pursuant to UGMA

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 -17.8K -100% 0 Apr 9, 2021 Common Stock 17.8K $0.00 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 trustee of Gould Investors L.P. Pension Trust.
F5 Reporting person is a trustee of each of the REIT Management Corp. Pension Plan and the REIT Management Corp. 401(k) Tax Deferred Savings Plan Profit Sharing Trust, which in the aggregate own the number of shares shown.
F6 Reporting person is a trustee of BRT Apartments Corp. Pension Trust, which owns these shares.