Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective December 24, 2021, the Board of Directors (the "Board") of Brixmor Property Group Inc. (the "Company") appointed Sandra A. J. Lawrence to the Board. Ms. Lawrence most recently served as Executive Vice President and Chief Administrative Officer of The Children's Mercy Hospital and Clinics ("CMH") from 2016 until 2019 and as the Chief Financial Officer of CMH from 2005 until 2016. The Company expects that Ms. Lawrence will be appointed to serve on the Board's Audit Committee.

Ms. Lawrence will receive compensation for Board service commensurate with the Company's other non-employee directors, including an annual cash retainer, an annual award of restricted stock and, if appointed to the Audit Committee, an Audit Committee annual cash retainer. The shares of restricted stock will vest on the first anniversary of the grant date.

In connection with Ms. Lawrence's appointment to the Board, the Company will enter into an indemnification agreement (the "Indemnification Agreement") with Ms. Lawrence similar to the indemnification agreements entered into with all other members of the Board. The Indemnification Agreement provides for the indemnification by the Company for certain liabilities and expenses incurred as a result of actions brought, or threatened to be brought, against Ms. Lawrence in connection with her status or service as a member of the Board and for the Company to advance her expenses incurred as a result of any proceeding for which she may be entitled to indemnification. The foregoing description is not complete and is qualified in its entirety by reference to the full text of the Indemnification Agreement, which was filed as Exhibit 10.19 to the Company's Form S-11, filed with the Securities and Exchange Commission on August 23, 2013 (File No. 001-190002).

There are no arrangements or understandings between Ms. Lawrence and any person pursuant to which she was appointed as a director. There are no transactions in which Ms. Lawrence had or will have an interest that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934, as amended.

Ms. Lawrence is replacing Gabrielle Sulzberger, who resigned from the Board of Directors on December 24, 2021. Ms. Sulzberger's resignation is not due to any disagreement with the Company.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses