Howard Schwimmer - Apr 28, 2023 Form 4 Insider Report for Rexford Industrial Realty, Inc. (REXR)

Signature
/s/ Howard Schwimmer
Stock symbol
REXR
Transactions as of
Apr 28, 2023
Transactions value $
-$1,986,093
Form type
4
Date filed
5/2/2023, 07:08 PM
Previous filing
Apr 25, 2023
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REXR Common Stock, par value $0.01 Sale -$1.99M -35.5K -41.11% $55.94 50.9K Apr 28, 2023 Direct F1, F2
holding REXR Common Stock, par value $0.01 13.6K Apr 28, 2023 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $55.90 to $55.98. The price reported above reflects the weighted average sale price. Full information regarding the number of shares sold at each price shall be provided upon request to the Staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F2 The Reporting Person also owns the following derivative securities: (i) 162,139 common units of limited partnership interest in the Issuer's operating partnership subsidiary, Rexford Industrial Realty, L.P. (the "Operating Partnership"), of which 7,275 common units are held by the Schwimmer Living Trust dated December 14, 2001 (the "Living Trust") of which the Reporting Person is a trustee, and of which 42,002 common units are held by the Schwimmer Family Irrevocable Trust (the "Family Trust") of which the Reporting Person is a trustee, (ii) 510,171 LTIP Units, a class of limited partnership units in the Operating Partnership, and (iii) 437,219 Performance Units, a class of limited partnership units in the Operating Partnership. The Reporting Person disclaims beneficial ownership of the common units held by the Living Trust and the Family Trust, except to the extent of his pecuniary interest therein.
F3 Represents shares of common stock held by 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.