DiFranco Michael 4
4 · Bluerock Residential Growth REIT, Inc. · Filed Apr 14, 2022
Insider Transaction Report
Form 4
DiFranco Michael
Executive VP, Operations
Transactions
- Disposition to Issuer
LTIP Units
2022-04-12+749→ 102,032 total(indirect: See Footmote)→ Class A Common Stock (749 underlying)
Footnotes (1)
- [F1]Represents the forfeiture of long-term incentive plan units ("LTIP Units") in Bluerock Residential Holdings, LP (the "Operating Partnership"), of which the Issuer is the general partner, granted to the reporting person on June 25, 2019, which were eligible to vest subject to achievement of certain performance criteria and established targets over a three-year performance period. Upon grant, the maximum vesting amount was reported in Table II of Form 4. On April 12, 2022, the Issuer determined that, based on the Issuer's performance over the applicable performance period, 15,027 LTIP Units would vest and 749 LTIP Units would be forfeited.