4//SEC Filing
Lescalleet Thomas M. 4
Accession 0001104659-23-076552
CIK 0001037390other
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 9:35 PM ET
Size
15.4 KB
Accession
0001104659-23-076552
Insider Transaction Report
Form 4
Lescalleet Thomas M.
Other
Transactions
- Disposition to Issuer
Restricted Stock Units
2023-06-29−2,389→ 0 total→ Common Stock (2,389 underlying) - Disposition to Issuer
Common Stock Options (right to buy)
2023-06-29−741→ 0 totalExercise: $26.31→ Common Stock (741 underlying) - Disposition to Issuer
Common Stock
2023-06-29−930→ 0 total - Disposition to Issuer
Performance Stock Units
2023-06-29−4,578→ 0 total→ Common Stock (4,578 underlying) - Disposition to Issuer
Common Stock Options (right to buy)
2023-06-29−4,259→ 0 totalExercise: $26.31→ Common Stock (4,259 underlying)
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger, dated February 22, 2023, by and among the Issuer, IR Parent, LLC ("Parent") and IR Merger Sub II, Inc., the Issuer became a subsidiary of Parent upon consummation of the merger (the "Effective Time"). At the Effective Time, each of the outstanding shares of common stock was cancelled and converted into the right to receive $67 in cash (the "Merger Consideration"), without interest.
- [F2]In addition, immediately prior to the Effective Time, each of the (a) outstanding unexercised stock options was cancelled and converted into the right to receive an amount in cash, without interest, equal to the product of (i) the number of shares of common stock underlying such stock option immediately prior to the Effective Time and (ii) the Merger Consideration less the per share exercise price of such stock option, (b) outstanding restricted stock units ("RSUs") was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of common stock underlying such RSU immediately prior to the Effective Time and (ii) the Merger Consideration, and (c) outstanding performance-based RSUs ("PSUs") was cancelled and converted into the right to receive an amount in cash equal to the product of (i) the number of shares of common stock underlying such PSU and (ii) the Merger Consideration.
Documents
Issuer
INDUS REALTY TRUST, INC.
CIK 0001037390
Entity typeother
Related Parties
1- filerCIK 0001428694
Filing Metadata
- Form type
- 4
- Filed
- Jun 28, 8:00 PM ET
- Accepted
- Jun 29, 9:35 PM ET
- Size
- 15.4 KB