Form 4 for PSTL Postal Realty Trust, Inc.
Accepted 2024-02-14 00:00:00 ET · period of report 2024-02-12 · accession 0001628280-24-004901 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-14 | 2024-02-12 | PSTL | Brandwein Matt | SVP, CAO | F - Tax | $0.00 | -191 | 117.7K | -0.2% | $0 |
| DM | 2024-02-14 | 2024-02-12 | PSTL | Brandwein Matt | SVP, CAO | A - Grant | $0.00 | +4,935 | 117.9K | +4% | $0 |
| D | 2024-02-14 | 2024-02-12 | PSTL | Brandwein Matt | SVP, CAO | A - Grant | — | +5,603 | 14.1K | +66% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A common stock | 2024-02-12 | F | D | 191 | $0.00 | 117,669 | D | — | — | |
| 2 | Common | Class A common stock | 2024-02-12 | A | A | 4,584 | $0.00 | 117,509 | D | — | — | (F1) Reflects a grant of restricted shares of Class A common stock of Postal Realty Trust, Inc. (the "Issuer") that vest ratably on the first, second and third anniversaries of February 1, 2024, subject to the Reporting Person's continued service as an employee through the applicable vesting date. |
| 3 | Common | Class A common stock | 2024-02-12 | A | A | 351 | $0.00 | 117,860 | D | — | — | (F2) Reflects a grant of restricted shares of the Issuer's Class A common stock that vested 100% on the date of grant. |
| 4 | Derivative | Restricted Stock Units | 2024-02-12 | A | A | 5,603 | — | 14,145 | D | — · — to — | 5,603 Class A common stock | (F3) The Reporting Person may earn up to 200% of the RSUs granted. (F4) The RSUs are market-based awards and are subject to and will vest upon achievement of certain performance-based hurdles and continued employment with the Issuer during the three-year performance period ending on December 31, 2026. Upon vesting, the RSUs that vest will be settled in shares of the Issuer's Class A common stock and the Reporting Person will be entitled to receive the distributions that would have been paid with respect to each share of the Issuer's Class A common stock received upon settlement on or after the date the RSUs were initially granted. |