SEC Form 4 · accession 0001123292-15-001428
Brixmor Property Group Inc. · BRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean Bernstein
Other
Period of report
Dec 11, 2015
Accepted (ET)
Dec 15, 2015 · 5:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001581068
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 11, 2015 | A | 40,024 | $0.00 | A | 306,900 | D | |
| Common StockF1 | Dec 11, 2015 | M | 3,298 | — | A | 310,198 | D | |
| Common Stock | Dec 11, 2015 | F | 19,812 | $24.50 | D | 290,386 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Dec 11, 2015 | M | 3,298 | D | — | — | Common Stock | 3,298 | 0 | D |
Explanation of responses
- F1Restricted Stock Units convert into common stock on a one-for-one basis.
- F2Represents the portion of the number of shares determined to have been earned based upon the performance criteria which are subject to additional time-based vesting criteria. These Restricted Stock Units were scheduled to vest on January 1, 2016, subject to the continued employment of the reporting person through that date and subject to acceleration upon Mr. Bernstein's earlier qualifying termination. Mr. Bernstein's departure on December 11, 2015 was a qualifying termination.
Remarks
Former Executive Vice President, Acquisitions and Dispositions