Michael L. Konig - Feb 25, 2022 Form 4 Insider Report for Bluerock Residential Growth REIT, Inc. (BRG)

Role
Chief Legal Officer and Secretary
Signature
/s/ Christopher J. Vohs, Attorney-in-fact
Stock symbol
BRG
Transactions as of
Feb 25, 2022
Transactions value $
$0
Form type
4
Date filed
3/4/2022, 04:15 PM
Previous filing
Jan 4, 2022
Next filing
Apr 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BRG Bluerock Residential Growth REIT, Inc. Class A Common Stock Conversion of derivative security +718K +27940.74% 721K Feb 28, 2022 See Footnote F1

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 BRG LTIP Units Conversion of derivative security -293K -51.78% 273K Feb 25, 2022 Class A Common Stock 293K See Footnote F2
transaction BRG OP Units Conversion of derivative security +293K +69.02% 718K Feb 25, 2022 Class A Common Stock 293K See Footnote F2
transaction BRG OP Units Conversion of derivative security -718K -100% 0 Feb 28, 2022 Class A Common Stock 718K See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's Class A common stock, which were acquired on a one-for-one basis through redemption of units of partnership interest ("OP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which the Issuer is the general partner. The Class A common stock is owned indirectly by the Reporting Person through various entities.
F2 293,232 of the Reporting Person's restricted units of partnership interests ("LTIP Units") in the Operating Partnership were converted into OP Units on a one-for-one basis. The LTIP Units were indirectly by the Reporting Person through various entities.
F3 Disposition is as a result of redemption of OP Units, which were settled in shares of the Issuer's Class A common stock on a one-for-one basis. The OP Units were owned indirectly by the Reporting Person through various entities.

Remarks:

Chief Legal Officer and Secretary