Khan Adeel 4
4 · Rexford Industrial Realty, Inc. · Filed Nov 5, 2019
Insider Transaction Report
Form 4
Khan Adeel
Chief Financial Officer
Transactions
- Conversion
Operating Partnership Units
2019-11-01−49,721→ 0 total→ Common Stock, par value $0.01 (49,721 underlying) - Conversion
Common Stock, par value $0.01
2019-11-01+49,721→ 49,721 total
Footnotes (3)
- [F1]Represents common units of limited partnership interest ("OP Units") of Rexford Industrial Realty, L.P. (the "Operating Partnership") tendered by the Reporting Person for redemption and exchange into common stock of the Issuer in accordance with the terms of the Limited Partnership Agreement of the Operating Partnership.
- [F2]Represents OP Units of 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 of the Issuer, or at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis.
- [F3]The Reporting Person owns 72,088 LTIP Units. LTIP Units are a class of limited partnership units of the Operating Partnership.