LANDY EUGENE W 4

Accession 0001567619-22-005648

CIK 0000067625other

Filed

Feb 24, 7:00 PM ET

Accepted

Feb 25, 4:39 PM ET

Size

21.9 KB

Accession

0001567619-22-005648

Form 4

Period: 2022-02-25

DirectorPresident10% Owner

Transactions

Disposition to Issuer
Common Stock
2022-02-25−168,293.62→ 0 total(indirect: Landy & Landy Employees' Pension Plan)
Disposition to Issuer
Common Stock
2022-02-25−201,426.819→ 0 total(indirect: Landy & Landy Employees' Profit Sharing Plan)
Disposition to Issuer
Option to Purchase Common Stock
2022-02-25−65,000→ 0 total
→ MNR Common Stock (65,000 underlying)
Disposition to Issuer
Common Stock
2022-02-25−194,405→ 0 total(indirect: By Foundation)
Disposition to Issuer
Common Stock
2022-02-25−43,748.195→ 0 total(indirect: Juniper Plaza Associates)
Disposition to Issuer
Option to Purchase Common Stock
2022-02-25−65,000→ 0 total
→ MNR Common Stock (65,000 underlying)
Disposition to Issuer
Common Stock
2022-02-25−1,108,443.623→ 0 total
Disposition to Issuer
Common Stock
2022-02-25−32,866.355→ 0 total(indirect: Windsor Industrial Park Associates)
Disposition to Issuer
Common Stock
2022-02-25−97,913.57→ 0 total(indirect: By Spouse)
Disposition to Issuer
Common Stock
2022-02-25−13,048→ 0 total(indirect: Landy Investments, Ltd.)

Footnotes (4)

[F1]On February 25, 2022, pursuant to the Agreement and Plan of Merger, dated as of November 5, 2021 and as amended on February 7, 2022 (the "Merger Agreement"), by and among Monmouth Real Estate Investment Corporation ("Monmouth"), Industrial Logistics Properties Trust ("ILPT"), and Maple Delaware Merger Sub LLC ("Merger Sub"), Monmouth merged with and into Merger Sub (the "Merger"), with Merger Sub surviving as a wholly owned subsidiary of ILPT.
[F2]At the effective time of the Merger (the "Effective Time"), each share of common stock, par value $0.01 per share, of Monmouth that was issued and outstanding immediately prior to the Effective Time (other than shares owned by Monmouth, ILPT or Merger Sub) was automatically converted into the right to receive $21.00 per share in cash (the "Common Stock Consideration"), without interest and subject to applicable withholding tax.
[F3]At the Effective Time, each Monmouth restricted stock award outstanding immediately prior to the Effective Time, whether vested or unvested, became fully vested and was converted into the right to receive the Common Stock Consideration.
[F4]At the Effective Time, each Monmouth stock option outstanding immediately prior to the Effective Time, whether vested or unvested, became fully vested and was converted into the right to receive the spread between the Common Stock Consideration and the exercise price.

Documents

1 file

MONMOUTH REAL ESTATE INVESTMENT CORP

CIK 0000067625

Entity typeother