[Form 4] REXFORD INDUSTRIAL REALTY, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
290 shares gifted
Mixed
2 txns
Insider
Schwimmer Howard
Role
Co-CEO, Co-President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Operating Partnership Units | 290 | $0.00 | -- |
| holding | Operating Partnership Units | -- | -- | -- |
Holdings After Transaction:
Operating Partnership Units — 45,387 shares (Indirect, See Footnote);
Operating Partnership Units — 76,383 shares (Direct)
Footnotes (1)
- Represents common units of limited partnership interest ("OP Units") in Rexford Industrial Realty, L.P. (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, or at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis. The OP Units are exchangeable for common stock of the Issuer on a one-for-one basis. n/a Represents 3,385 OP Units held by the Schwimmer Living Trust, for which the Reporting Person is a trustee, and 42,002 OP Units held by the Family Trust, for which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such OP Units, except to the extent of his pecuniary interest therein. The Reporting Person also owns the following securities: (i) 751,019 LTIP Units, a class of limited partnership units in the Operating Partnership, (ii) 577,616 Performance Units, a class of limited partnership units in the Operating Partnership, and (iii) 63,788 shares of common stock, of which 13,575 shares are indirectly owned shares held by the Schwimmer Family Irrevocable Trust (the "Family Trust") of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of the common stock held by the Family Trust, except to the extent of his pecuniary interest therein.