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

Role: 10%+ Owner
Signature: /s/ Susan Cullman
Issuer symbol: N/A
Transactions as of: 29 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 29 Jun 2023, 21:33:55 UTC
Previous filing: 18 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Shares	Change %	Date	Ownership	Footnotes
transaction	INDT	Common Stock	Other	-18,204	-100%	29 Jun 2023	Direct	F1
transaction	INDT	Common Stock	Other	-18,026	-100%	29 Jun 2023	By Child	F1
transaction	INDT	Common Stock	Other	-237,882	-100%	29 Jun 2023	By B. Bros. Realty, LLC	F1
transaction	INDT	Common Stock	Other	-206	-100%	29 Jun 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.

Content

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.