Angela M. Aman - Feb 1, 2023 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Signature
/s/ Steven F. Siegel, by power of attorney
Stock symbol
BRX
Transactions as of
Feb 1, 2023
Transactions value $
-$439,674
Form type
4
Date filed
2/3/2023, 04:14 PM
Previous filing
Jan 4, 2023
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRX Common Stock Award +33.6K +21.44% 190K Feb 1, 2023 Direct F1
transaction BRX Common Stock Tax liability -$406K -17.2K -9.01% $23.66 173K Feb 1, 2023 Direct F2
transaction BRX Common Stock Award +2.8K +1.62% 176K Feb 1, 2023 Direct F1
transaction BRX Common Stock Tax liability -$33.8K -1.43K -0.81% $23.66 175K Feb 1, 2023 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 +33.6K $0.00 33.6K Feb 1, 2023 Common Stock 33.6K Direct F1, F3, F4
transaction BRX Restricted Stock Units Award $0 +27.1K $0.00 27.1K Feb 1, 2023 Common Stock 27.1K Direct F1, F5
transaction BRX Restricted Stock Units Award $0 +2.8K $0.00 2.8K Feb 1, 2023 Common Stock 2.8K Direct F1, F6, 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 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.
F4 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, 16,802 will vest on January 1, 2024 and 16,802 will vest on January 1, 2025.
F5 The RSUs vest ratably over three years, beginning January 1, 2024.
F6 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, 1,400 will vest on January 1, 2024 and 1,400 will vest on January 1, 2025.
F7 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.