SEC Form 4 · accession 0001123292-16-001483
Brixmor Property Group Inc. · BRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven F Siegel
Officer — See Remarks
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 5:33 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 StockF1,F2 | Dec 31, 2015 | S | 3,000 | $26.01 | D | 336,115 | D | |
| Common StockF3 | Jan 1, 2016 | M | 4,568 | — | A | 340,683 | D | |
| Common Stock | Jan 1, 2016 | F | 2,386 | $25.82 | D | 338,297 | 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 UnitsF4,F3 | — | Jan 1, 2016 | M | 4,568 | D | — | — | Common Stock | 4,568 | 0 | D |
Explanation of responses
- F1The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $25.84 to $26.08. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 11, 2015.
- F3Restricted Stock Units convert into common stock on a one-for-one basis.
- F4Represents the portion of the number of shares determined to have been earned based upon the performance criteria. These Restricted Stock Units vested on January 1, 2016.
Remarks
Executive Vice President, General Counsel