Birnbaum Jay L. 4
4 · Radius Global Infrastructure, Inc. · Filed Mar 1, 2022
Insider Transaction Report
Form 4
Birnbaum Jay L.
See Remarks
Transactions
- Award
Class B Common Stock
2022-02-25+33,868→ 433,868 total - Award
Series C LTIP units
2022-02-25+33,868→ 33,868 total→ Class A Common Stock (33,868 underlying)
Footnotes (3)
- [F1]Reflects shares of Class B Common Stock, par value $0.0001 per share, of Radius Global Infrastructure, Inc. (the "Company") (such shares, "Class B Shares") that were granted in tandem with a corresponding number of Series C long-term incentive units ("Series C LTIP Units") in APW OpCo LLC, in which the Company owns a 94.4% interest. These Class B Shares are subject to the same vesting and forfeiture conditions as the related Series C LTIP Units and shall be surrendered to the Company in the event that related Series C LTIP Units are redeemed for shares of Class A Common Stock, par value $0.0001 per share, of the Company ("Class A Shares").
- [F2]Once equitized, Series C LTIP Units may be redeemed for Class A Shares on a one-for-one basis; provided that such Class A Shares will be subject to the same vesting and forfeiture conditions as the exchanged Series C LTIP Units.
- [F3]Reflects Series C LTIP Units that are subject to time-based vesting conditions and vest in equal installments on each of the first three anniversaries of February 25, 2022.