Klein Robert B 4
4 · Postal Realty Trust, Inc. · Filed Feb 4, 2025
Insider Transaction Report
Form 4
Klein Robert B
Chief Financial Officer
Transactions
- Award
LTIP Units
2025-01-31+12,952→ 123,915 total→ Class A common stock (12,952 underlying) - Disposition to Issuer
Restricted Stock Units
2025-01-31−9,123→ 24,643 total→ Class A common stock (9,123 underlying)
Footnotes (4)
- [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 by Postal Realty Trust, Inc. (the "Issuer") 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 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]The LTIP Units will vest ratably on the first, second and third anniversaries of February 1, 2025, subject to continued employment with the Issuer.
- [F4]Represents the forfeiture of all performance-based RSU's granted to the reporting person on January 31, 2022 due to certain performance-based hurdles related to the Issuer's absolute total stockholder return not being achieved.