Thomas Lescalleet - Mar 2, 2022 Form 4 Insider Report for INDUS REALTY TRUST, INC. (INDT)

Role
Exec. Vice President
Signature
/s/Thomas M. Lescalleet
Stock symbol
INDT
Transactions as of
Mar 2, 2022
Transactions value $
$0
Form type
4
Date filed
3/4/2022, 03:57 PM
Previous filing
Feb 3, 2022
Next filing
Feb 3, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INDT Restricted Stock Units Award $0 +848 $0.00 848 Mar 2, 2022 Common Stock 848 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock of INDUS Realty Trust, Inc.
F2 The restricted stock units vest and settle in three approximately equal installments on March 1, 2023, March 1, 2024 and March 1, 2025.