Sobelman David 4
4 · GENERATION INCOME PROPERTIES, INC. · Filed Sep 2, 2021
Insider Transaction Report
Form 4
Sobelman David
DirectorChairman, President, CEO
Transactions
- Disposition to Issuer
Common Stock
2021-09-01−112,500→ 112,504 total
Holdings
- 2,586
Units
→ Common Stock (2,586 underlying)
Footnotes (2)
- [F1]Pursuant to a Redemption Agreement, dated June 10, 2021, between the Reporting Person and the Issuer, the Reporting Person agreed to transfer back to the Issuer an aggregate of 112,500 shares of Common Stock for an aggregate redemption price of $10.00 for all shares upon the execution of an underwriting agreement for the Issuer's initial public offering.
- [F2]Represents Common Units held in Generation Income Properties, L.P. that may be redeemed by the Reporting Person for shares of Common Stock of the Issuer on a 1-to-1 basis beginning June 21, 2022.