Form 4 for REXR Rexford Industrial Realty, Inc.
Accepted 2024-02-08 00:00:00 ET · period of report 2024-02-06 · accession 0001670779-24-000005 · 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 | 2024-02-08 | 2024-02-06 | REXR | Lanzer David E. | GC, Sec | C - Cnv Deriv | $0.00 | +18.1K | 18.1K | New | $0 |
| D | 2024-02-08 | 2024-02-06 | REXR | Lanzer David E. | GC, Sec | C - Cnv Deriv | $0.00 | -18.1K | 0 | -100% | $0 |
| DM | 2024-02-08 | 2024-02-06 | REXR | Lanzer David E. | GC, Sec | M - OptEx | $0.00 | 0 | 34.2K | New | $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 | 2024-02-06 | C | A | 18,113 | $0.00 | 18,113 | D | — | — | |
| 2 | Derivative | Operating Partnership Units | 2024-02-06 | C | D | 18,113 | $0.00 | 0 | D | — · — to — | 18,113 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 |
| 3 | Derivative | Operating Partnership Units | 2024-02-06 | M | A | 13,511 | $0.00 | 18,113 | D | — · — to — | 13,511 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 | 2024-02-06 | M | A | 4,602 | $0.00 | 4,602 | D | — · — to — | 4,602 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 |
| 5 | Derivative | LTIP Units | 2024-02-06 | M | D | 4,602 | $0.00 | 33,908 | D | — · — to — | 4,602 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 4,602 LTIP Units referred to herein have vested and reached such parity. (F4) n/a |
| 6 | Derivative | Performance Units | 2024-02-06 | M | D | 13,511 | $0.00 | 34,188 | D | — · — to — | 13,511 Common Stock, par value $0.01 | (F6) Performance Units are a class of limited partnership units in Operating Partnership. Initially, the Performance 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 Performance Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested Performance 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. OP Units are redeemable by the holder for an equivalent number of shares of the Issuer's common stock or for the cash value of such shares, at the Issuer's election. The 13,511 Performance Units referred to herein have vested and reached such parity. (F4) n/a |