David Sobelman - Sep 2, 2021 Form 4 Insider Report for GENERATION INCOME PROPERTIES, INC. (GIPR)

Role: Chairman, President, CEO, Director
Signature: /s/ John J. Wolfel, Attorney-in-Fact for David Sobelman
Stock symbol: GIPR
Transactions as of: Sep 2, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/2/2021, 06:25 PM
Next filing: Nov 18, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GIPR	Common Stock	Disposed to Issuer		-113K	-50%		113K	Sep 1, 2021	Direct	F1

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
holding	GIPR	Units						2.59K	Sep 2, 2021	Common Stock	2.59K		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Pursuant to a Redemption Agreement, dated June 10, 2021, between the Reporting Person and the Issuer, the Reporting Person agreed to transfer back to the Issuer an aggregate of 112,500 shares of Common Stock for an aggregate redemption price of $10.00 for all shares upon the execution of an underwriting agreement for the Issuer's initial public offering.
F2	Represents Common Units held in Generation Income Properties, L.P. that may be redeemed by the Reporting Person for shares of Common Stock of the Issuer on a 1-to-1 basis beginning June 21, 2022.