0001104659-23-114861.txt : 20231106
0001104659-23-114861.hdr.sgml : 20231106
20231106181510
ACCESSION NUMBER: 0001104659-23-114861
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231102
FILED AS OF DATE: 20231106
DATE AS OF CHANGE: 20231106
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KAMFAR RAMIN
CENTRAL INDEX KEY: 0001111908
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41322
FILM NUMBER: 231381059
MAIL ADDRESS:
STREET 1: 1345 AVENUE OF THE AMERICAS
STREET 2: 32 FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Bluerock Homes Trust, Inc.
CENTRAL INDEX KEY: 0001903382
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 874211187
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1345 AVENUE OF THE AMERICAS
STREET 2: 32ND FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10105
BUSINESS PHONE: 2128431601
MAIL ADDRESS:
STREET 1: 1345 AVENUE OF THE AMERICAS
STREET 2: 32ND FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10105
4
1
tm2329969-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2023-11-02
0
0001903382
Bluerock Homes Trust, Inc.
BHM
0001111908
KAMFAR RAMIN
1345 AVENUE OF THE AMERICAS
32ND FLOOR
NEW YORK
NY
10105
1
1
0
0
Chairman and CEO
0
Class A common stock
2023-11-02
4
D
0
31260
D
726
I
See Footnote
LTIP Units
2023-11-02
4
D
0
367357
D
Class A Common Stock
367357
561069
I
See Footnote
LTIP Units
2023-11-02
4
D
0
83995
D
Class A Common Stock
83995
477074
I
See Footnote
LTIP Units
2023-11-03
4
A
0
126011
A
Class A Common Stock
126011
603085
D
The reported transaction represents the Reporting Person's voluntary forfeiture of previously awarded, unvested restricted shares of the Issuer's Class A common stock, $0.01 par value per share, issued to Bluerock Homes Manager, LLC (the "Manager"), in which the Reporting Person owns an indirect pecuniary interest, on May 25, 2023 in payment of a portion of the annual long-term equity incentive grant for the fiscal year ended December 31, 2022, pursuant to the Issuer's 2022 Equity Incentive Plan for Entities (the "Plan").
The reported transaction represents the Reporting Person's voluntary forfeiture of previously awarded, unvested 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 were issued to the Manager, in which the Reporting Person owns an indirect pecuniary interest, pursuant to the Plan on November 3, 2022, in payment of the initial staking grant.
The reported transaction represents the Reporting Person's voluntary forfeiture of previously awarded, unvested LTIP Units in the Operating Partnership, of which the Issuer is the general partner. The LTIP Units were issued to the Manager, in which the Reporting Person owns an indirect pecuniary interest, pursuant to the Plan on May 25, 2023 in payment of a portion of the annual long-term equity incentive grant for the fiscal year ended December 31, 2022.
Represents LTIP Units issued, at the direction of the Manager, in satisfaction of the Manager's reimbursement obligation to its affiliate, Bluerock Real Estate Holdings, LLC ("BREH"), for the portion of the initial staking grant payable by BREH to the Reporting Person for services provided to the Manager in the Reporting Person's capacity as Chief Executive Officer thereof. Such LTIP Units will vest one-fifth on November 3, 2023, and the remainder will vest ratably on an annual basis over a four-year period.
Once vested, these awards of LTIP Units may convert to limited partnership interests of the Operating Partnership ("OP Units") upon reaching capital account equivalency with the OP Units held by the Company, and may then 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. The Reporting Person will be entitled to receive "distribution equivalents" with respect to such LTIP Units, whether or not vested, at the same time as distributions are paid to the holders of the Issuer's Class A common stock.
/s/ Christopher J. Vohs, Attorney-in-fact
2023-11-06