Filing Details
- Accession Number:
- 0001628280-22-017151
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-06-14 16:55:34
- Reporting Period:
- 2022-06-10
- Accepted Time:
- 2022-06-14 16:55:34
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1759774 | Postal Realty Trust Inc. | PSTL | Real Estate Investment Trusts (6798) | 832586114 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1777099 | Jane Gural-Senders | C/O Postal Realty Trust, Inc. 75 Columbia Avenue Cedarhurst NY 11516 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2022-06-13 | 1,000 | $14.68 | 14,419 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | LTIP Units | Acquisiton | 2022-06-10 | 3,054 | $15.72 | 3,054 | $0.00 |
Class A Common Stock | LTIP Units | Acquisiton | 2022-06-10 | 3,181 | $0.00 | 3,181 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
7,790 | No | 4 | A | Direct | ||
10,971 | No | 4 | A | Direct |
Footnotes
- The LTIP Units are a class of limited partnership units of Postal Realty LP (the "Operating Partnership").
- Following the occurrence of certain events and upon vesting, the LTIP Units are convertible 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 Postal Realty Trust, Inc. (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.
- Reflects LTIP Unit grants in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program that vest on the third anniversary of June 10, 2022, subject to certain conditions.
- The LTIP Units were granted in lieu of cash compensation. The price of the securities acquired by the Reporting Person is based on the volume weighted average price of the Issuer's Class A common stock for the 10 trading days immediately preceding June 10, 2022, which was $15.7165.
- The LTIP Units will vest ratably on the first, second and third anniversaries of June 10, 2022, subject to continued service on the Issuer's board of directors through the applicable vesting date.