4//SEC Filing
DiFranco Michael 4
Accession 0001104659-22-001141
CIK 0001442626other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:15 PM ET
Size
9.2 KB
Accession
0001104659-22-001141
Insider Transaction Report
Form 4
DiFranco Michael
Executive VP, Operations
Transactions
- Award
LTIP Units
2022-01-01+12,516→ 102,781 total(indirect: See Footmote)→ Class A Common Stock (12,516 underlying) - Award
LTIP Units
2022-01-01+6,258→ 90,265 total(indirect: See Footmote)→ Class A Common Stock (6,258 underlying)
Footnotes (2)
- [F1]Represents long-term incentive plan units ("LTIP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which the Issuer is the general partner. These LTIP Units will vest ratably over a three year period and may convert to OP Units upon reaching capital account equivalency with the OP Units held by the Issuer, and may then be redeemed for cash or, at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis.
- [F2]Represents LTIP Units in the Operating Partnership, of which the Issuer is the general partner. These Long Term Performance Awards LTIP Units are subject to a three-year performance period and may vest at the end of that period subject to performance criteria and established targets. The LTIPs may convert to OP Units upon reaching capital account equivalency with the OP Units held by the Issuer, and may then be redeemed for cash or, at the option of the Issuer and after a one year holding period (including any period during which the LTIP Units were held), settled in shares of the Issuer's Class A common stock on a one-for-one basis.
Documents
Issuer
Bluerock Residential Growth REIT, Inc.
CIK 0001442626
Entity typeother
Related Parties
1- filerCIK 0001773279
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 9:15 PM ET
- Size
- 9.2 KB