James M. Taylor Jr - Feb 1, 2023 Form 4 Insider Report for Brixmor Property Group Inc. (BRX)

Role: President and CEO
Signature: /s/ Steven F. Siegel, by power of attorney
Stock symbol: BRX
Transactions as of: Feb 1, 2023
Transactions value $: -$1,199,207
Form type: 4
Date filed: 2/3/2023, 04:15 PM
Previous filing: Jan 4, 2023
Next filing: Jan 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRX	Common Stock	Award		+91.7K	+15.16%		696K	Feb 1, 2023	Direct	F1
transaction	BRX	Common Stock	Tax liability	-$1.11M	-46.8K	-6.72%	$23.66	650K	Feb 1, 2023	Direct	F2
transaction	BRX	Common Stock	Award		+7.64K	+1.18%		657K	Feb 1, 2023	Direct	F1
transaction	BRX	Common Stock	Tax liability	-$92.2K	-3.9K	-0.59%	$23.66	653K	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	Options Exercise	$0	+91.6K		$0.00	91.6K	Feb 1, 2023	Common Stock	91.6K		Direct	F1, F3, F4
transaction	BRX	Restricted Stock Units	Options Exercise	$0	+67.6K		$0.00	67.6K	Feb 1, 2023	Common Stock	67.6K		Direct	F1, F5
transaction	BRX	Restricted Stock Units	Options Exercise	$0	+7.64K		$0.00	7.64K	Feb 1, 2023	Common Stock	7.64K		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 45,824 will vest on January 1, 2024 and 45,824 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, 3,819 will vest on January 1, 2024 and 3,819 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.