Vohs Christopher J. 4
4 · Bluerock Residential Growth REIT, Inc. · Filed Oct 7, 2022
Insider Transaction Report
Form 4
Vohs Christopher J.
Chief Accounting Officer
Transactions
- Other
Class A Common Stock, Par Value $0.01 per share
2022-10-06$24.25/sh−2,575$62,444→ 0 total - Other
LTIP Units
2022-10-05−137,625→ 0 total→ Class A Common Stock (137,625 underlying)
Footnotes (2)
- [F1]Reflects securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 20, 2021, by and among Bluerock Residential Growth REIT, Inc. (the "Company"), Badger Parent LLC ("Parent") and Badger Merger Sub LLC ("Merger Sub"), a copy of which is filed as Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on December 21, 2021. Pursuant to the Merger Agreement, on October 6, 2022 (the "Effective Time"), the Company merged with and into Merger Sub, with Merger Sub surviving, and the separate existence of the Company ceased. At the Effective Time, each issued and outstanding share of common stock of the Company was automatically converted into the right to receive $24.25 in cash (the "Merger Consideration"), without interest.
- [F2]Represents long-term incentive plan units ("LTIP Units") in the Operating Partnership. Effective October 5, 2022, redemptions of Common Units (into which LTIP Units are convertible) were no longer able to be settled by the Operating Partnership in shares of the Company's Class A common stock and became able to be settled in shares of BHM Class A common stock.