Rebecca D. Gamzon - Feb 1, 2023 Form 4 Insider Report for INDUS REALTY TRUST, INC. (INDT)

Role
10%+ Owner
Signature
/s/Rebecca Gamzon
Stock symbol
INDT
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 03:48 PM
Previous filing
Mar 4, 2022
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDT Common Stock Options Exercise $0 +1.21K +5.95% $0.00 21.5K Feb 1, 2023 By spouse F1
holding INDT Common Stock 10.7K Feb 1, 2023 Direct
holding INDT Common Stock 452K Feb 1, 2023 Footnote F4
holding INDT Common Stock 50.9K Feb 1, 2023 Footnote F5

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
holding INDT Restricted Stock Units 1.21K Feb 1, 2023 Common Stock 1.21K $0.00 By spouse F2
holding INDT Performance Stock Units 3.62K Feb 1, 2023 Common Stock 3.62K $0.00 By spouse F3
holding INDT Restricted Stock Units 1.04K Feb 1, 2023 Common Stock 1.04K $0.00 By spouse F2
holding INDT Restricted Stock Units 1.04K Feb 1, 2023 Common Stock 1.04K $0.00 By spouse F2
holding INDT Restricted Stock Units 1.04K Feb 1, 2023 Common Stock 1.04K $0.00 By spouse F2
holding INDT Performance Stock Units 3.12K Feb 1, 2023 Common Stock 3.12K $0.00 By spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion upon vesting of restricted stock units into common stock on February 1, 2023. These restricted stock units and shares of common stock were acquired under the Company's 2020 Incentive Award Plan.
F2 Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F3 Performance-based restricted stock unit award granted under the Company's 2020 Incentive Award Plan.
F4 Trusts in which Rebecca Gamzon has shared voting power as trustee.
F5 Trusts in which Michael Gamzon, spouse, has shared voting power as trustee.