Thomas Lescalleet - Feb 1, 2023 Form 4 Insider Report for INDUS REALTY TRUST, INC. (INDT)

Role
Executive Vice President
Signature
/s/Thomas M. Lescalleet
Stock symbol
INDT
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 04:04 PM
Previous filing
Mar 4, 2022
Next filing
Jun 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDT Common Stock Options Exercise $0 +246 +61.81% $0.00 644 Feb 1, 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 Feb 1, 2023 Common Stock 403 $0.00 Direct F2
holding INDT Performance Stock Units 1.21K Feb 1, 2023 Common Stock 1.21K $0.00 Direct F3
holding INDT Restricted Stock Units 285 Feb 1, 2023 Common Stock 285 $0.00 Direct F2
holding INDT Restricted Stock Units 285 Feb 1, 2023 Common Stock 285 $0.00 Direct F2
holding INDT Restricted Stock Units 285 Feb 1, 2023 Common Stock 285 $0.00 Direct F2
holding INDT Performance Stock Units 855 Feb 1, 2023 Common Stock 855 $0.00 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.