Howard Schwimmer - 01 Jun 2022 Form 4 Insider Report for Rexford Industrial Realty, Inc. (REXR)

Role: Co-CEO, Co-President, Director
Signature: /s/ Howard Schwimmer
Issuer symbol: REXR
Transactions as of: 01 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 03 Jun 2022, 20:51:22 UTC
Previous filing: 20 Jan 2022
Next filing: 15 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REXR	Common Stock, par value $0.01	Conversion of derivative security	$0	+58,411	+137%	$0.000000	100,972	01 Jun 2022	Direct	F1
holding	REXR	Common Stock, par value $0.01						13,575	01 Jun 2022	See Footnote	F2

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
transaction	REXR	Operating Partnership Units	Conversion of derivative security	$0	-58,411	-34%	$0.000000	112,862	01 Jun 2022	Common Stock, par value $0.01	58,411		Direct	F1, F3, F4, F5
holding	REXR	Operating Partnership Units						7,275	01 Jun 2022	Common Stock, par value $0.01	7,275		See Footnote	F3, F4, F6
holding	REXR	Operating Partnership Units						42,002	01 Jun 2022	Common Stock, par value $0.01	42,002		See Footnote	F3, F4, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents common units of limited partnership interest ("OP Units") of Rexford Industrial Realty, L.P. (the "Operating Partnership") tendered by the Reporting Person for redemption and exchange into common stock of the Issuer in accordance with the terms of the Limited Partnership Agreement of the Operating Partnership.
F2	Represents shares of common stock held by the Schwimmer Family Irrevocable Trust (the "Family Trust"), for which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such common stock, except to the extent of his pecuniary interest therein.
F3	Represents OP Units in the Operating Partnership. The Issuer is the general partner of the Operating Partnership. OP Units are redeemable for cash equal to the then-current market value of one share of common stock, or at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis.
F4	n/a
F5	The Reporting Person also owns the following derivative securities: (i) 424,064 LTIP Units, a class of limited partnership units in the Operating Partnership and (ii) 365,694 Performance Units, a class of limited partnership units in the Operating Partnership.
F6	Represents OP Units held by the Schwimmer Living Trust dated December 14, 2001, for which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such OP Units, except to the extent of his pecuniary interest therein.
F7	Represents OP Units held by the Family Trust, for which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such OP Units, except to the extent of his pecuniary interest therein.