Company: BHM
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001104659-25-035097
Chunk: 83

Company: Bluerock Homes Trust, Inc.
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 83
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 of the shares or other property, less any amount paid by the participant for the shares or other property.

A participant should not recognize income on account of the grant or vesting of LTIP Units. The amount received under the LTIP Units will be taxed as ordinary income or capital gain, depending on the character of the income received by the Operating Partnership. Upon a sale or exchange of an LTIP Unit a participant will recognize long-term or short-term capital gain, depending on the period that the participant held the LTIP Units.

No income is recognized upon the grant of performance units or incentive awards. Income will be recognized on the date that payment is made under the performance units or incentive award in an amount equal to the amount paid in settlement of the awards.

The employer (either the Company or its affiliate) generally will be entitled to claim a federal income tax deduction on the account of the exercise of a nonqualified stock option or stock appreciation right, the vesting of a stock award or the vesting or settlement of an other equity-based award and the settlement of performance units and incentive awards. Subject to Section 162(m) of the Code, the amount of the deduction generally is equal to the ordinary income recognized by the participant. The employer will not be entitled to a federal income tax deduction on account of the grant or vesting of LTIP Units, or the grant or exercise of an incentive stock option but may claim a federal income tax deduction on account of certain dispositions of shares acquired under an incentive stock option.

#### Appraisal Rights
Under Maryland law and our charter, you will not be entitled to rights of appraisal with respect to the approval of the Amended 2022 Incentive Plans. Accordingly, to the extent that you object to the Amended 2022 Incentive Plans, you will not have the right to have a court judicially determine (and you will not receive) the fair value for your shares of Class A Common Stock under the provisions of Maryland law governing appraisal rights.

#### Vote Required
Under our bylaws, the affirmative vote of a majority of the votes cast at a meeting at which a quorum is present is required to approve the Amended 2022 Incentive Plans pursuant to this Proposal 2.

For purposes of the vote on this Proposal 2, both abstentions and broker non-votes will be considered present for the purpose of determining the presence of a quorum.

However, under the NYSE American rules, brokers do not have discretion to vote on this Proposal 2 without your