Susan Cullman - Jun 29, 2023 Form 4 Insider Report for INDUS REALTY TRUST, INC. (INDT)

Role
10%+ Owner
Signature
/s/ Susan Cullman
Stock symbol
INDT
Transactions as of
Jun 29, 2023
Transactions value $
$0
Form type
4
Date filed
6/29/2023, 09:33 PM
Previous filing
Apr 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INDT Common Stock Other -18.2K -100% 0 Jun 29, 2023 Direct F1
transaction INDT Common Stock Other -18K -100% 0 Jun 29, 2023 By Child F1
transaction INDT Common Stock Other -238K -100% 0 Jun 29, 2023 By B. Bros. Realty, LLC F1
transaction INDT Common Stock Other -206 -100% 0 Jun 29, 2023 By Family Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Susan Cullman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated February 22, 2023, by and among the Issuer, IR Parent, LLC ("Parent") and IR Merger Sub II, Inc., the Issuer became a wholly owned subsidiary of Parent upon consummation of the merger (the "Effective Time"). At the Effective Time, each of the outstanding shares of common stock was cancelled and converted into the right to receive $67 in cash (the "Merger Consideration"), without interest.