0001628280-24-003553.txt : 20240206
0001628280-24-003553.hdr.sgml : 20240206
20240206191648
ACCESSION NUMBER: 0001628280-24-003553
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240202
FILED AS OF DATE: 20240206
DATE AS OF CHANGE: 20240206
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Spodek Andrew
CENTRAL INDEX KEY: 0001777089
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38903
FILM NUMBER: 24601672
MAIL ADDRESS:
STREET 1: 75 COLUMBIA AVENUE
CITY: CEDARHURST
STATE: NY
ZIP: 11516
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Postal Realty Trust, Inc.
CENTRAL INDEX KEY: 0001759774
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 832586114
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 75 COLUMBIA AVE
CITY: CEDARHURST
STATE: NY
ZIP: 11516
BUSINESS PHONE: 576-295-7820
MAIL ADDRESS:
STREET 1: 75 COLUMBIA AVE
CITY: CEDARHURST
STATE: NY
ZIP: 11516
4
1
wk-form4_1707264999.xml
FORM 4
X0508
4
2024-02-02
0
0001759774
Postal Realty Trust, Inc.
PSTL
0001777089
Spodek Andrew
C/O POSTAL REALTY TRUST, INC.
75 COLUMBIA AVENUE
CEDARHURST
NY
11516
1
1
1
0
CEO and Director
0
Class A common stock
2024-02-02
4
M
0
9477
A
655096
D
Class A common stock
2024-02-02
4
F
0
3919
14.22
D
651177
D
Class A common stock
227518
I
By Spodek 2016 Family Trust
Restricted Stock Units
2024-02-02
4
M
0
18954
D
Class A common stock
18954
37630
D
As previously reported, on February 11, 2021, the Reporting Person was granted 18,954 performance-based restricted stock units (the "RSUs"), and, depending on the level of achievement of certain performance-based hurdles during the three-year performance period ended on December 31, 2023 (the "Measurement Period"), the actual number of RSUs earned could range from 50% to 150% of the target RSUs. On February 2, 2024, 9,477 RSUs vested based on the achievement of certain performance goals during the Measurement Period after the Corporate Governance and Compensation Committee of the Board of Directors of Postal Realty Trust, Inc. (the "Issuer") certified the Reporting Person's achievement relative to the applicable performance objectives during the Measurement Period and approved the vesting of the RSUs with respect to these shares.
In accordance with the Issuer's 2019 Equity Incentive Plan (the "Plan"), Performance Units (as defined in the Plan) convert into the Issuer's Class A common stock on a one-for-one basis.
Each RSU represents a contingent right to receive shares of the Issuer's Class A common stock.
/s/ Jie Chai, attorney-in-fact.
2024-02-06