| Schedule of Common Stock Reconciliation |
The following table presents a reconciliation of Bridge Investment Group Holdings Inc. common stock for the years ended December 31, 2024 and 2023:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bridge Investment Group Holdings Inc. |
|
Class A
Common
Stock |
|
Class A
Restricted
Common
Stock |
|
Class B
Common
Stock |
| Balance as of December 31, 2022 |
24,484,585 |
|
|
5,003,936 |
|
|
85,301,127 |
|
| Class A common stock issued — 2020 and 2021 profits interests conversion |
73,894 |
|
|
1,217,440 |
|
|
— |
|
| Class A common stock issued — unitholder conversions |
5,015,245 |
|
|
— |
|
|
(4,637,367) |
|
| Class A restricted common stock issued |
— |
|
|
2,426,034 |
|
|
— |
|
| Class A restricted common stock vested |
699,789 |
|
|
(699,789) |
|
|
— |
|
| Class A restricted common stock forfeited |
— |
|
|
(391,245) |
|
|
— |
|
| Class B common stock forfeited |
— |
|
|
— |
|
|
(45,052) |
|
| Balance as of December 31, 2023 |
30,273,513 |
|
|
7,556,376 |
|
|
80,618,708 |
|
| Class A common stock issued — unitholder conversions |
1,622,944 |
|
|
— |
|
|
(1,297,226) |
|
| Class A restricted common stock issued |
5,498 |
|
|
2,667,041 |
|
|
|
| Class A restricted common stock vested |
1,312,557 |
|
|
(1,312,557) |
|
|
— |
|
| Class A restricted common stock forfeited |
— |
|
|
(386,014) |
|
|
— |
|
| Balance as of December 31, 2024 |
33,214,512 |
|
|
8,524,846 |
|
|
79,321,482 |
|
The following table presents a reconciliation of the Operating Company’s Class A Units and Class B Units for the years ended December 31, 2024 and 2023:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Bridge Investment Group Holdings LLC |
|
|
Class A
Units |
|
Class B
Units |
| Balance as of December 31, 2022 |
|
124,445,671 |
|
|
97,463,981 |
|
| Issuance of Class A Units |
|
5,772,268 |
|
|
— |
|
| Forfeiture of unvested Class A Units |
|
(133,354) |
|
|
— |
|
| Balance as of December 31, 2023 |
|
130,084,585 |
|
|
97,463,981 |
|
| Issuance of Class A Units |
|
673,949 |
|
|
— |
|
| Forfeiture of unvested Class A Units |
|
(114,410) |
|
|
— |
|
| Balance as of December 31, 2024 |
|
130,644,124 |
|
|
97,463,981 |
|
|
| Schedule of Dividends Declared |
During the years ended December 31, 2024 and 2023, the Company declared and paid the following dividends on our Class A common stock (dollar amounts in thousands, except per share amounts):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividend Record Date |
|
Dividend Payment Date |
|
Dividend per Share of Common Stock |
|
Dividend to Common Stockholders |
| March 8, 2024 |
|
March 22, 2024 |
|
$ |
0.07 |
|
|
$ |
2,582 |
|
| May 31, 2024 |
|
June 14, 2024 |
|
0.12 |
|
|
4,972 |
|
| August 30, 2024 |
|
September 13, 2024 |
|
0.13 |
|
|
5,340 |
|
| December 6, 2024 |
|
December 20, 2024 |
|
0.10 |
|
|
4,126 |
|
|
|
|
|
$ |
0.42 |
|
|
$ |
17,020 |
|
|
|
|
|
|
|
|
| March 10, 2023 |
|
March 24, 2023 |
|
$ |
0.17 |
|
|
$ |
5,541 |
|
| June 2, 2023 |
|
June 16, 2023 |
|
0.15 |
|
|
4,850 |
|
| September 1, 2023 |
|
September 15, 2023 |
|
0.17 |
|
|
5,805 |
|
| December 1, 2023 |
|
December 15, 2023 |
|
0.17 |
|
|
5,733 |
|
|
|
|
|
$ |
0.66 |
|
|
$ |
21,929 |
|
|