Home/Filings/4/0001628280-22-017151
4//SEC Filing

Gural-Senders Jane 4

Accession 0001628280-22-017151

CIK 0001759774other

Filed

Jun 13, 8:00 PM ET

Accepted

Jun 14, 4:55 PM ET

Size

10.1 KB

Accession

0001628280-22-017151

Insider Transaction Report

Form 4
Period: 2022-06-10
Transactions
  • Purchase

    Class A common stock

    2022-06-13$14.68/sh+1,000$14,68014,419 total
  • Award

    LTIP Units

    2022-06-10+3,18110,971 total
    Class A common stock (3,181 underlying)
  • Award

    LTIP Units

    2022-06-10$15.72/sh+3,054$47,9987,790 total
    Class A common stock (3,054 underlying)
Footnotes (5)
  • [F1]The LTIP Units are a class of limited partnership units of Postal Realty LP (the "Operating Partnership").
  • [F2]Following the occurrence of certain events and upon vesting, the LTIP Units are convertible into an equivalent number of units of the Operating Partnership ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of Postal Realty Trust, Inc. (the "Issuer"), shares of Class A common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.
  • [F3]Reflects LTIP Unit grants in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program that vest on the third anniversary of June 10, 2022, subject to certain conditions.
  • [F4]The LTIP Units were granted in lieu of cash compensation. The price of the securities acquired by the Reporting Person is based on the volume weighted average price of the Issuer's Class A common stock for the 10 trading days immediately preceding June 10, 2022, which was $15.7165.
  • [F5]The LTIP Units will vest ratably on the first, second and third anniversaries of June 10, 2022, subject to continued service on the Issuer's board of directors through the applicable vesting date.

Issuer

Postal Realty Trust, Inc.

CIK 0001759774

Entity typeother

Related Parties

1
  • filerCIK 0001777099

Filing Metadata

Form type
4
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 4:55 PM ET
Size
10.1 KB