Robert Klein - Jan 31, 2025 Form 4 Insider Report for Postal Realty Trust, Inc. (PSTL)

Role
Chief Financial Officer
Signature
/s/ Robert Klein
Stock symbol
PSTL
Transactions as of
Jan 31, 2025
Transactions value $
$0
Form type
4
Date filed
2/4/2025, 07:52 PM
Previous filing
Jan 3, 2025
Next filing
Feb 27, 2025
SEC
View on sec.gov

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 PSTL LTIP Units Award +13K +11.67% 124K Jan 31, 2025 Class A common stock 13K Direct F1, F2, F3
transaction PSTL Restricted Stock Units Disposed to Issuer $0 -9.12K -27.02% $0.00 24.6K Jan 31, 2025 Class A common stock 9.12K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The LTIP Units are a class of limited partnership units of Postal Realty LP (the "Operating Partnership").
F2 Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by Postal Realty Trust, Inc. (the "Issuer") into an equivalent number of units of the Operating Partnership ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of the Issuer, shares of Class A common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.
F3 The LTIP Units will vest ratably on the first, second and third anniversaries of February 1, 2025, subject to continued employment with the Issuer.
F4 Represents the forfeiture of all performance-based RSU's granted to the reporting person on January 31, 2022 due to certain performance-based hurdles related to the Issuer's absolute total stockholder return not being achieved.