Harrison Elizabeth Scott 4
4 · Bluerock Homes Trust, Inc. · Filed Jan 4, 2023
Insider Transaction Report
Form 4
Harrison Elizabeth Scott
Director
Transactions
- Conversion
LTIP Units
2023-01-01−19,470→ 6,103 total→ Class A Common Stock (19,470 underlying) - Award
LTIP Units
2023-01-01+3,303→ 9,406 total→ Class A Common Stock (3,303 underlying) - Conversion
OP Units
2023-01-01+19,470→ 19,470 total→ Class A Common Stock (19,470 underlying)
Footnotes (3)
- [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. The LTIP Units have reached capital account equivalency with the units of limited partnership interest in the Operating Partnership ("OP Units") held by the Issuer, and the Reporting Person has elected to convert the LTIP Units to OP Units on a one-for-one basis.
- [F2]Represents LTIP Units in the "Operating Partnership, of which the Issuer is the general partner. The LTIP Units are fully vested 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.
- [F3]Represents OP Units issued to the Reporting Person upon conversion of LTIP Units. The OP Units may 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.