Company: BHM
Filing Date: 2025-07-08
Form Type: DRS
Source: 0001104659-25-066400
Chunk: 249

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-07-08
Form: DRS
Chunk 249
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 over the Remaining 2024 Annual Incentive Grant Vesting Dates, or (iii) 8,685 unvested LTIP Units issued to Mr. MacDonald
as part of the April 23, 2025 Annual Incentive Grant, which will vest ratably over the April 23, 2025 Annual Incentive Grant
Vesting Dates.

(10) Total
includes (i) 6,836 LTIP Units issued to Mr. Babb as part of the Initial Staking Grant, of which 3,418 vested on each of November 3,
2023 and November 3, 2024, (ii) 1,648 LTIP Units issued to Mr. Babb as part of the 2023 Annual Incentive Grant ,of which
824 vested on May 25, 2024 and 824 vested on April 1, 2025, and (iii) 1,143 LTIP Units issued to Mr. Babb as part
of the 2024 Annual Incentive Grant, which vested on April 30, 2025. Total does not include (i) 10,251 remaining unvested LTIP
Units issued to Mr. Babb in connection with the Initial Staking Grant, which will vest ratably over the Remaining Initial Staking
Grant Vesting Dates, (ii) 823 unvested LTIP Units issued to Mr. Babb as part of the 2023 Annual Incentive Grant, which will
vest on the Remaining 2023 Annual Incentive Grant Vesting Date, or (iii) 2,285 unvested LTIP Units issued to Mr. Babb as part
of the 2024 Annual Incentive Grant, which will vest ratably over the Remaining 2024 Annual Incentive Grant Vesting Dates.

(11) Total
includes (i) 8,544 LTIP Units issued to Mr. Vohs as part of the Initial Staking Grant, of which 4,272 vested on each of November 3,
2023 and November 3, 2024, (ii) 2,471 LTIP Units issued to Mr. Vohs as part of the 2023 Annual Incentive Grant of which
1,236 vested on May 25, 2024 and 1,235 vested on April 1, 2025, and (iii) 1,714 LTIP