Baccile Peter E. 4
4 · FIRST INDUSTRIAL REALTY TRUST INC · Filed Jan 4, 2024
Insider Transaction Report
Form 4
Baccile Peter E.
DirectorPresident and CEO
Transactions
- Award
LP Units
2024-01-02+43,322→ 306,180 total→ Common Stock (43,322 underlying) - Award
LP Units
2024-01-02+21,585→ 327,765 total→ Common Stock (21,585 underlying)
Footnotes (4)
- [F1]Represents the receipt of common units of limited partnership interest in First Industrial, L.P., of which the Company is the general partner, upon the vesting of Performance Units issued on January 1, 2021 under the Company's 2014 Stock Incentive Plan. A common unit of limited partnership interest in First Industrial, L.P. may be converted into a share of Common Stock of the Company on a one-for-one basis.
- [F2]Represents units of limited partnership interest ("LP Units") in First Industrial L.P., of which the Company is the general partner, granted under the Company's 2014 Stock Incentive Plan. An LP Unit that has vested and received certain allocations will automatically convert into a common unit of limited partnership interest in First Industrial, L.P. on a one-for-one basis, which common unit may in turn be converted into a share of Common Stock of the Company on a one-for-one basis.
- [F3]Not applicable. The LP Units vest in three equal installments on January 1, 2025, 2026 and 2027.
- [F4]Not applicable.