Michael Gamzon - May 19, 2023 Form 4 Insider Report for INDUS REALTY TRUST, INC. (INDT)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/Michael S. Gamzon
Stock symbol
INDT
Transactions as of
May 19, 2023
Transactions value $
$0
Form type
4
Date filed
5/23/2023, 04:59 PM
Previous filing
Feb 3, 2023
Next filing
Jun 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDT Common Stock Gift $0 -10.7K -100% $0.00* 0 May 19, 2023 By spouse
holding INDT Common Stock 21.5K May 19, 2023 Direct
holding INDT Common Stock 48.4K May 19, 2023 Footnote 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 1.21K May 19, 2023 Common Stock 1.21K Direct F2, F3
holding INDT Performance Stock Units 3.64K May 19, 2023 Common Stock 3.64K Direct F2, F10
holding INDT Restricted Stock Units 1.05K May 19, 2023 Common Stock 1.05K Direct F2, F4
holding INDT Restricted Stock Units 1.05K May 19, 2023 Common Stock 1.05K Direct F2, F5
holding INDT Restricted Stock Units 1.05K May 19, 2023 Common Stock 1.05K Direct F2, F6
holding INDT Performance Stock Units 3.14K May 19, 2023 Common Stock 3.14K Direct F2, F11
holding INDT Restricted Stock Units 1.24K May 19, 2023 Common Stock 1.24K Direct F2, F7
holding INDT Restricted Stock Units 1.24K May 19, 2023 Common Stock 1.24K Direct F2, F8
holding INDT Restricted Stock Units 1.24K May 19, 2023 Common Stock 1.24K Direct F2, F9
holding INDT Performance Stock Units 3.73K May 19, 2023 Common Stock 3.73K Direct F2, F12
holding INDT Common Stock Options (right to buy) 18.7K May 19, 2023 Common Stock 18.7K $26.31 Direct
holding INDT Common Stock Options (right to buy) 18.7K May 19, 2023 Common Stock 18.7K $26.31 Direct
holding INDT Common Stock Options (right to buy) 18.7K May 19, 2023 Common Stock 18.7K $26.31 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Trusts in which Rebecca D. Gamzon, spouse, has shared voting power as trustee.
F2 Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F3 The restricted stock units are scheduled to vest on February 1, 2024.
F4 The restricted stock units vested on March 1, 2023 and were deferred.
F5 The restricted stock units are scheduled to vest on March 1, 2024.
F6 The restricted stock units are scheduled to vest on March 1, 2025.
F7 The restricted stock units are scheduled to vest on February 1, 2024.
F8 The restricted stock units are scheduled to vest on February 1, 2025.
F9 The restricted stock units are scheduled to vest on February 1, 2026.
F10 Performance-based restricted stock unit award granted under the Company's 2020 Incentive Award Plan that is scheduled to vest on February 1, 2025.
F11 Performance-based restricted stock unit award granted under the Company's 2020 Incentive Award Plan that is scheduled to vest on March 1, 2025.
F12 Performance-based restricted stock unit award granted under the Company's 2020 Incentive Award Plan that is scheduled to vest on February 1, 2026.