Thomas M. Lescalleet - 01 Feb 2023 Form 4 Insider Report for INDUS REALTY TRUST, INC.

Signature
/s/Thomas M. Lescalleet
Issuer symbol
N/A
Transactions as of
01 Feb 2023
Net transactions value
$0
Form type
4
Filing time
03 Feb 2023, 16:04:35 UTC
Previous filing
04 Mar 2022
Next filing
29 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDT Common Stock Options Exercise $0 +246 +62% $0.000000 644 01 Feb 2023 Direct F1

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 403 01 Feb 2023 Common Stock 403 $0.000000 Direct F2
holding INDT Performance Stock Units 1,205 01 Feb 2023 Common Stock 1,205 $0.000000 Direct F3
holding INDT Restricted Stock Units 285 01 Feb 2023 Common Stock 285 $0.000000 Direct F2
holding INDT Restricted Stock Units 285 01 Feb 2023 Common Stock 285 $0.000000 Direct F2
holding INDT Restricted Stock Units 285 01 Feb 2023 Common Stock 285 $0.000000 Direct F2
holding INDT Performance Stock Units 855 01 Feb 2023 Common Stock 855 $0.000000 Direct 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.