Perez Ernesto 4/A
4/A · FrontView REIT, Inc. · Filed Apr 16, 2025
Insider Transaction Report
Form 4/AAmended
Perez Ernesto
Director
Transactions
- Other
OP Units(1)
2024-10-04+14,802→ 14,802 total→ Common Stock (14,802 underlying)
Footnotes (3)
- [F1]Represents receipt of fully-vested units of limited partnership interest in FrontView Operating Partnership LP (the "Operating Partnership") designated as OP Units ("OP Units") under the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, dated as of October 3, 2024 (the "Partnership Agreement").
- [F2]Each OP Unit is redeemable at the election of the holder for cash equal to the then fair market value of one share of the Issuer's common stock (each, a "Share"), or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement. OP Units have no expiration date.
- [F3]OP Units were issued by the Operating Partnership to the Reporting Person in connection with the consummation of the transactions contemplated by the terms of the Contribution Agreement, dated October 3, 2024, by and among the Operating Partnership, and certain individual contributing parties, including the Reporting Person, pursuant to which the Reporting Person contributed his common unit interest in the Issuer's predecessor entity to the Operating Partnership in exchange for OP Units in connection with the completion of the Issuer's initial public offering.