Form 4 for REXR Rexford Industrial Realty, Inc.
Accepted 2023-07-27 00:00:00 ET · period of report 2023-07-25 · accession 0001209191-23-043594 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-07-27 | 2023-07-25 | REXR | CLARK LAURA E | CFO | C - Cnv Deriv | $0.00 | +7,410 | 9,972 | +289% | $0 |
| DM | 2023-07-27 | 2023-07-25 | REXR | CLARK LAURA E | CFO | M - OptEx | $0.00 | 0 | 7,410 | New | $0 |
| D | 2023-07-27 | 2023-07-25 | REXR | CLARK LAURA E | CFO | C - Cnv Deriv | $0.00 | -7,410 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 | 2023-07-25 | C | A | 7,410 | $0.00 | 9,972 | D | — | — | |
| 2 | Derivative | LTIP Units | 2023-07-25 | M | D | 7,410 | $0.00 | 36,226 | D | — · — to — | 7,410 Common Stock, par value $0.01 | (F2) Represents LTIP Units, a class of limited partnership units in the Operating Partnership, issued as long term incentive compensation subject to time-based vesting pursuant to the Second Amended and Restated Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. 2013 Incentive Award Plan. Initially, the LTIP Units do not have full parity with OP Units with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the LTIP Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested LTIP Units may be converted into an equal number of OP Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership. The 7,410 LTIP Units referred to herein have vested and reached such parity. (F4) n/a |
| 3 | Derivative | Operating Partnership Units | 2023-07-25 | M | A | 7,410 | $0.00 | 7,410 | D | — · — to — | 7,410 Common Stock, par value $0.01 | (F5) Represents OP Units in the Operating Partnership. The Issuer is the general partner of the Operating Partnership. OP Units are redeemable for cash equal to the then-current market value of one share of common stock, or at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. (F4) n/a |
| 4 | Derivative | Operating Partnership Units | 2023-07-25 | C | D | 7,410 | $0.00 | 0 | D | — · — to — | 7,410 Common Stock, par value $0.01 | (F5) Represents OP Units in the Operating Partnership. The Issuer is the general partner of the Operating Partnership. OP Units are redeemable for cash equal to the then-current market value of one share of common stock, or at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. (F4) n/a |