Howard Schwimmer - 06 Dec 2023 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
06 Dec 2023
Net transactions value
$0
Form type
4
Filing time
08 Dec 2023, 19:48:08 UTC
Previous filing
02 May 2023
Next filing
26 Dec 2023
SEC
View on sec.gov

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 Gift $0 -3,100 -2.7% $0.000000 109,762 06 Dec 2023 Common Stock, par value $0.01 3,100 Direct F1, F2, F3
holding REXR Operating Partnership Units 7,275 06 Dec 2023 Common Stock, par value $0.01 7,275 See Footnote F1, F2, F4
holding REXR Operating Partnership Units 42,002 06 Dec 2023 Common Stock, par value $0.01 42,002 See Footnote F1, F2, F5
* 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). 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.
F2 n/a
F3 The Reporting Person also owns the following securities: (i) 510,171 LTIP Units, a class of limited partnership units in the Operating Partnership, (ii) 437,219 Performance Units, a class of limited partnership units in the Operating Partnership, and (iii) 64,437 shares of common stock, of which 13,575 shares are held by the Schwimmer Family Irrevocable Trust (the "Family Trust") of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of the common stock held by the Family Trust, except to the extent of his pecuniary interest therein.
F4 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.
F5 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.