0001214659-17-000166.txt : 20170106
0001214659-17-000166.hdr.sgml : 20170106
20170106064011
ACCESSION NUMBER: 0001214659-17-000166
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170104
FILED AS OF DATE: 20170106
DATE AS OF CHANGE: 20170106
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BRT REALTY TRUST
CENTRAL INDEX KEY: 0000014846
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 132755856
STATE OF INCORPORATION: MA
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 60 CUTTER MILL RD
STREET 2: SUITE 303
CITY: GREAT NECK
STATE: NY
ZIP: 11021-3190
BUSINESS PHONE: 5164663100
FORMER COMPANY:
FORMER CONFORMED NAME: BERG ENTERPRISES REALTY GROUP
DATE OF NAME CHANGE: 19750724
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GOULD MATTHEW J
CENTRAL INDEX KEY: 0001187904
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07172
FILM NUMBER: 17512854
4
1
marketforms-37418.xml
PRIMARY DOCUMENT
X0306
4
2017-01-04
0000014846
BRT REALTY TRUST
BRT
0001187904
GOULD MATTHEW J
60 CUTTER MILL ROAD, SUITE 303
GREAT NECK
NY
11021
true
true
false
false
SENIOR VICE PRESIDENT
Shares of Beneficial Interest
2017-01-04
4
A
false
13110
0
A
315383
D
Shares of Beneficial Interest
1140
I
By children
Shares of Beneficial Interest
33259
I
By Gould Family Trust
Shares of Beneficial Interest
23469
I
By Gould Shenfeld Family Foundation
Shares of Beneficial Interest
47633
I
As custodian
Shares of Beneficial Interest
2989898
I
By Gould Investors L.P.
Restricted Stock Units
Common Stock
37000
37000
D
These shares were issued as restricted stock effective January 4, 2017 under the issuer's 2016 Amended and Restated Incentive Plan. The shares vest January 3, 2022. The award is exempt from Section 16(b) under Rule 16b-3(d)(1).
Includes shares held in reporting person's IRA and Keogh accounts and in a money purchase pension plan.
These shares are owned by children of the reporting person who reside with reporting person. Reporting person disclaims any beneficial interest in these shares.
Reporting person is a trustee of the Gould Family Trust, which owns these shares.
Reporting person is a trustee of the Gould Shenfeld Family Foundation.
Shares are held by the reporting person as custodian for his children. Reporting person disclaims beneficial ownership in these shares.
These shares are owned by Gould Investors L.P. Reporting person is the chairman of the corporate managing general partner of Gould Investors L.P., and he holds limited partnership interests in Gould Investors L.P. These shares represent all of the shares of issuer owned by Gould Investors L.P.
Each Restricted Stock Unit represents a contingent right to receive 1 share of BRT Realty Trust common stock. Approximately 55% and 45% of the units vest based on satisfaction of performance metrics related to total shareholder return (including relative shareholder return) total shareholder and adjusted funds from operations, respectively. Each such unit is granted in tandem with a cash settled dividend equivalent right entitling the holder, to the extent such unit vests, to the cash dividends paid on the shares underlying such units from the grant date through March 31, 2021.
The restricted stock units vest on March 31, 2021, subject to satisfaction of applicable continued service and performance conditions.
Matthew J. Gould
2017-01-06