0001214659-21-000389.txt : 20210112
0001214659-21-000389.hdr.sgml : 20210112
20210112062013
ACCESSION NUMBER: 0001214659-21-000389
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210108
FILED AS OF DATE: 20210112
DATE AS OF CHANGE: 20210112
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: 21522370
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BRT Apartments Corp.
CENTRAL INDEX KEY: 0000014846
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 132755856
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 60 CUTTER MILL RD
STREET 2: SUITE 303
CITY: GREAT NECK
STATE: NY
ZIP: 11021-3190
BUSINESS PHONE: 5164663100
MAIL ADDRESS:
STREET 1: 60 CUTTER MILL ROAD
STREET 2: SUITE 303
CITY: GREAT NECK
STATE: NY
ZIP: 11021
FORMER COMPANY:
FORMER CONFORMED NAME: BRT Realty Trust
DATE OF NAME CHANGE: 20170206
FORMER COMPANY:
FORMER CONFORMED NAME: Gould Investors LP
DATE OF NAME CHANGE: 20170127
FORMER COMPANY:
FORMER CONFORMED NAME: BRT REALTY TRUST
DATE OF NAME CHANGE: 19920703
4
1
marketforms-50735.xml
PRIMARY DOCUMENT
X0306
4
2021-01-08
0000014846
BRT Apartments Corp.
BRT
0001187912
GOULD MITCHELL
60 CUTTER MILL ROAD, SUITE 303
GREAT NECK
NY
11021
false
true
false
false
Executive Vice President
Common Stock
2021-01-08
4
A
false
8750
0
A
186304
D
Restricted Stock Units
Common Stock
22000
22000
D
These shares were issued as restricted stock effective January 8, 2021 under the issuer's 2020 Incentive Plan. Subject to the reporting person's continued relationship with the Company, the shares vest January 7, 2026. 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 Apartments Corp. 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 was 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.
/s/ Mitchell Gould
2021-01-12