0001628280-24-024572.txt : 20240521
0001628280-24-024572.hdr.sgml : 20240521
20240521172431
ACCESSION NUMBER: 0001628280-24-024572
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240517
FILED AS OF DATE: 20240521
DATE AS OF CHANGE: 20240521
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LEFKOWITZ BARRY
CENTRAL INDEX KEY: 0001032809
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38903
FILM NUMBER: 24970819
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Postal Realty Trust, Inc.
CENTRAL INDEX KEY: 0001759774
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 832586114
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 75 COLUMBIA AVE
CITY: CEDARHURST
STATE: NY
ZIP: 11516
BUSINESS PHONE: 576-295-7820
MAIL ADDRESS:
STREET 1: 75 COLUMBIA AVE
CITY: CEDARHURST
STATE: NY
ZIP: 11516
4
1
wk-form4_1716326658.xml
FORM 4
X0508
4
2024-05-17
0
0001759774
Postal Realty Trust, Inc.
PSTL
0001032809
LEFKOWITZ BARRY
C/O POSTAL REALTY TRUST, INC.
75 COLUMBIA AVENUE
CEDARHURST
NY
11516
1
0
0
0
0
LTIP Units
2024-05-17
4
A
0
5803
13.7837
A
Class A common stock
5803
26487
D
LTIP Units
2024-05-17
4
A
0
3627
0
A
Class A common stock
3627
30114
D
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.
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 May 17, 2024, subject to certain conditions.
The LTIP Units are a class of limited partnership units of Postal Realty LP.
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 May 17, 2024, which was $13.7837.
The LTIP Units will vest ratably on the first, second and third anniversaries of May 17, 2024, subject to continued service on the Issuer's board of directors through the applicable vesting date.
/s/ Jie Chai, attorney-in-fact
2024-05-21