0001214659-21-000390.txt : 20210112 0001214659-21-000390.hdr.sgml : 20210112 20210112062014 ACCESSION NUMBER: 0001214659-21-000390 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: KALISH DAVID CENTRAL INDEX KEY: 0001187906 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07172 FILM NUMBER: 21522371 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-50742.xml PRIMARY DOCUMENT X0306 4 2021-01-08 0000014846 BRT Apartments Corp. BRT 0001187906 KALISH DAVID 60 CUTTER MILL ROAD, SUITE 303 GREAT NECK NY 11021 false true false false Senior Vice President Common Stock 2021-01-08 4 A false 7864 0 A 196747 D Common Stock 41194 I By Gould Investors L.P. pension trust Common Stock 250566 I By REIT Mgt. Corp. pension and profit sharing trusts Common Stock 20874 I By BRT Realty Trust Pension Trust Common Stock 4870 I By spouse Restricted Stock Units Common Stock 33500 33500 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). Reporting person is a trustee of the Gould Investors L.P. Pension Trust. Reporting person is a trustee of each of the REIT Management Corp. Pension Plan and the REIT Management Corp. 401(k) Tax Deferred Savings Plan Profit Sharing Trust, which in the aggregate own the number of shares shown. Reporting person is a trustee of the BRT Apartments Corp. Pension Trust, which owns these shares. 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 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/ David Kalish 2021-01-12