0001214659-17-000178.txt : 20170106 0001214659-17-000178.hdr.sgml : 20170106 20170106110450 ACCESSION NUMBER: 0001214659-17-000178 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 MITCHELL CENTRAL INDEX KEY: 0001187912 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07172 FILM NUMBER: 17513236 4 1 marketforms-37425.xml PRIMARY DOCUMENT X0306 4 2017-01-04 0000014846 BRT REALTY TRUST BRT 0001187912 GOULD MITCHELL 60 CUTTER MILL ROAD, SUITE 303 GREAT NECK NY 11021 false true false false Executive Vice President Shares of Beneficial Interest 2017-01-04 4 A false 11375 0 A 146254 D Restricted Stock Units Common Stock 22000 22000 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). 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) 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. Mitchell Gould 2017-01-06