Ruddy Jordan B. 4
4 · Bluerock Homes Trust, Inc. · Filed Jan 4, 2023
Insider Transaction Report
Form 4
Ruddy Jordan B.
President
Transactions
- Conversion
OP Units
2023-01-01+112,589→ 126,667 total→ Class A Common Stock (112,589 underlying) - Conversion
LTIP Units
2023-01-01−112,589→ 0 total→ Class A Common Stock (112,589 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. 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 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.