Sec Form 4 Filing - LEFKOWITZ BARRY @ Postal Realty Trust, Inc. - 2021-06-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
LEFKOWITZ BARRY
2. Issuer Name and Ticker or Trading Symbol
Postal Realty Trust, Inc. [ PSTL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O POSTAL REALTY TRUST, INC., 75 COLUMBIA AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
06/18/2021
(Street)
CEDARHURST, NY11516
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
LTIP Units ( 1 ) ( 2 ) ( 3 ) ( 2 ) 06/18/2021 A 3,866 ( 3 ) ( 2 ) Class A Common Stock 3,866 $ 20.688 ( 4 ) 3,866 D
LTIP Units ( 1 ) ( 2 ) ( 5 ) ( 2 ) 06/18/2021 A 2,416 ( 5 ) ( 2 ) Class A Common Stock 2,416 $ 0 2,416 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LEFKOWITZ BARRY
C/O POSTAL REALTY TRUST, INC.
75 COLUMBIA AVENUE
CEDARHURST, NY11516
X
Signatures
/s/ Jie Chai, attorney-in-fact 06/22/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The LTIP Units are a class of limited partnership units of Postal Realty LP (the "Operating Partnership").
( 2 )Following the occurrence of certain events and upon vesting, the LTIP Units are convertible by Postal Realty Trust, Inc. (the "Issuer") into an equivalent number of units of the Operating Partnership ("OP Units"). OP Units are redeemable by the Reporting Person for cash or, at the election of the Issuer, shares of Class A common stock of the Issuer on a one-for-one basis or the cash value of such shares. LTIP Units do not have expiration dates.
( 3 )Reflects LTIP Unit grants in lieu of cash compensation pursuant to the Issuer's Alignment of Interest Program that vest on the third anniversary of June 18, 2021, subject to certain conditions.
( 4 )The LTIP Units were granted in lieu of cash compensation. The price of the securities acquired by the Reporting Person is based on the volume weighted average price of the Issuer's Class A common stock for the 10 trading days immediately preceding June 18, 2021, which was $20.688.
( 5 )The LTIP Units will vest ratably on the first, second and third anniversaries of June 18, 2021, subject to continued service on the Issuer's board of directors through the applicable vesting date.

Remarks:
Exhibit 24.1 - Power of Attorney

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