SEC Form 4 · accession 0001123292-17-000554
Brixmor Property Group Inc. · BRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Horgan
Officer — EVP, Chief Investment Officer
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 6:44 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 | Feb 28, 2017 | A | 5,423 | — | A | 53,334 | D | |
| Common Stock | Feb 28, 2017 | F | 2,331 | $23.34 | D | 51,003 | 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,F3,F1 | — | Feb 28, 2017 | A | 5,424 | A | — | — | Common Stock | 5,424 | 5,424 | D |
Explanation of responses
- F1Upon vesting, Restricted Stock Units convert into common stock on a one-for-one basis.
- F2The 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.
- F3Represents 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. Of the number of Restricted Stock Units reported 2,711 will vest on January 1, 2018 and 2,713 will vest on January 1, 2019, in each case subject to the continued employment of the reporting person through that date.