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

Role
VICE PRESIDENT
Signature
/s/ Mark H. Lundy
Issuer symbol
BRT
Transactions as of
09 Apr 2021
Transactions value $
$0
Form type
4
Filing time
11 Jun 2021, 18:16:51 UTC
Next filing
05 Aug 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 +23.1K +10.42% 245K 09 Apr 2021 Direct F1
transaction BRT Common Stock Award $0 +14.8K +6.04% $0.00 260K 09 Jun 2021 Direct F2
holding BRT Common Stock 1.22K 09 Apr 2021 By spouse as custodian for reporting person's minor children

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 -23.1K -100% 0 09 Apr 2021 Common Stock 23.1K $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.