SEC Form 4 · accession 0001209191-15-018438
Brixmor Property Group Inc. · BRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dean Bernstein
Officer — See Remarks
Period of report
Feb 24, 2015
Accepted (ET)
Feb 25, 2015 · 4:01 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 | Feb 24, 2015 | A | 3,301 | — | A | 268,270 | D | |
| Common Stock | Feb 24, 2015 | F | 1,394 | $25.44 | D | 266,876 | 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 UnitsF1,F4,F3 | — | Feb 24, 2015 | A | 3,298 | A | — | — | Common Stock | 3,298 | 3,298 | D |
Explanation of responses
- F1The 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.
- F2Represents the vested portion of the number of shares determined to have been earned based upon the performance criteria.
- F3Upon vesting, Restricted 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 which are subject to additional time-based vesting criteria. These Restricted Stock Units will vest on January 1, 2016, subject to the continued employment of the reporting person through that date.
Remarks
Executive Vice President, Acquisitions and Dispositions