Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangement of Certain Officers
On January 16, 2020, the board of directors of Broad Street Realty, Inc. (the
"Company") approved the Broad Street Realty, Inc. 2020 Equity Incentive Plan
(the "Plan"). Pursuant to the Plan, the Company may issue equity-based awards to
directors, officers, employees, independent contractors and other eligible
persons. The Plan provides for the grant of stock options, share awards
(including restricted stock and restricted stock units), share appreciation
rights, dividend equivalent rights, performance awards, annual cash incentive
awards and other equity based awards, including LTIP units, which are
convertible on a one-for-one basis into common units of limited partnership
interest in Broad Street Operating Partnership, LP, the Company's operating
partnership. A total of 3,620,000 shares of the Company's common stock are
available for issuance under the Plan. Each share subject to an award granted
under the Plan will reduce the available shares under the Plan on a one-for-one
basis. The Plan will be administered by the compensation committee of the
Company's board of directors.
The foregoing description of the Plan does not purport to be complete and is
qualified in its entirety by reference to the Plan, which is filed as Exhibit
10.1 hereto and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No. Description
10.1 Broad Street Realty, Inc. 2020 Equity Incentive Plan.
1
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses
BROAD STREET REALTY, INC. 
