Scott A. Musil - 03 Jan 2023 Form 4 Insider Report for FIRST INDUSTRIAL REALTY TRUST INC (FR)

Signature
/s/ Jennifer Matthews Rice, attorney-in-fact
Issuer symbol
FR
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 17:41:44 UTC
Previous filing
12 Jan 2022
Next filing
02 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FR Common Stock Gift $0 -350 -0.39% $0.000000 90,428 14 Sep 2022 Direct F1
transaction FR Common Stock Gift $0 -500 -0.55% $0.000000 89,928 06 Dec 2022 Direct F2
transaction FR Common Stock Gift $0 -625 -0.7% $0.000000 89,303 06 Dec 2022 Direct F2
transaction FR Common Stock Gift $0 -625 -0.7% $0.000000 88,678 06 Dec 2022 Direct F3
transaction FR Common Stock Gift $0 +625 +78% $0.000000 1,425 06 Dec 2022 By Self as UTMA Custodian for Child F3

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 FR LP Units Award $0 +23,492 +50% $0.000000 70,419 03 Jan 2023 Common Stock 23,492 Direct F4
transaction FR LP Units Award $0 +5,361 +7.6% $0.000000 75,780 03 Jan 2023 Common Stock 5,361 Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents bona fide gift to charity.
F2 This transaction involved a bona fide gift of securities by the reporting person to one of his adult children.
F3 This transaction involved a bona fide gift of securities by the reporting person to one of his adult children, which child shares reporting person's household.
F4 Represents the receipt of common units of limited partnership interest in First Industrial, L.P., of which the Company is the general partner, upon the vesting of Performance Units issued on January 1, 2020 under the Company's 2014 Stock Incentive Plan. A common unit of limited partnership interest in First Industrial, L.P. may be converted into a share of Common Stock of the Company on a one-for-one basis.
F5 Represents units of limited partnership interest ("LP Units") in First Industrial L.P., of which the Company is the general partner, granted under the Company's 2014 Stock Incentive Plan. An LP Unit that has vested and received certain allocations will automatically convert into a common unit of limited partnership interest in First Industrial, L.P. on a one-for-one basis, which common unit may in turn be converted into a share of Common Stock of the Company on a one-for-one basis.
F6 Not applicable. The LP Units vest in three equal installments on January 1, 2024, 2025 and 2026.
F7 Not applicable.