4//SEC Filing
Pacini Raymond J 4
Accession 0001645873-20-000012
CIK 0001645873other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 2:05 PM ET
Size
6.7 KB
Accession
0001645873-20-000012
Insider Transaction Report
Form 4
Transactions
- Award
Class P OP Units
2019-12-31+16,029→ 80,145 totalExercise: $0.00From: 2024-03-31→ Class P OP Units (80,145 underlying)
Footnotes (3)
- [F1]On December 31, 2019, the issuer and RW Holdings NNN REIT Operating Partnership, L.P. ("NNN OP") completed the acquisition of the business of its former advisor, BrixInvest, LLC ("BrixInvest") with BrixInvest's wholly owned subsidiary Daisho OP Holdings, LLC ("Daisho") ("Self-Management Transaction"). 16,029 Class P OP Units were issued to the reporting person: 16,580 Class P OP Units in the Self-Management Transaction; and 9,449 Class P OP Units in his 2019 bonus and 2020 equity incentive compensation. Class P OP Units may be converted into Class C OP Units after March 31, 2024 or upon the occurrence of certain events pursuant to the second amended and restated limited partnership agreement of NNN OP and the reporting person's restricted units award agreement. After the expiration of such date or upon the occurrence of such events, the Class P OP Units are generally convertible into Class C OP Units at a conversion ratio of 5 Class C OP Units for each 1 Class P OP Unit.
- [F2]There is no expiration date in connection with the Class P OP Units issued to the reporting person.
- [F3]There is no market for Class P OP Units. Accordingly, the price per derivative security is not applicable.
Documents
Issuer
RW HOLDINGS NNN REIT, INC.
CIK 0001645873
Entity typeother
Related Parties
1- filerCIK 0001331313
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 2:05 PM ET
- Size
- 6.7 KB