Eugene W. Landy - Dec 8, 2021 Form 4 Insider Report for MONMOUTH REAL ESTATE INVESTMENT CORP (MNR)

Signature
Eugene W. Landy
Stock symbol
MNR
Transactions as of
Dec 8, 2021
Transactions value $
-$1,349,900
Form type
4
Date filed
12/8/2021, 05:37 PM
Previous filing
Nov 19, 2021
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNR MNR Common Stock Tax liability -$1.03M -49K -4.23% $20.94 1.11M Dec 8, 2021 Direct F6
transaction MNR MNR Common Stock Options Exercise $725K +65K +5.95% $11.16 1.16M Dec 8, 2021 Direct
transaction MNR MNR Common Stock Tax liability -$999K -47.7K -4.19% $20.94 1.09M Dec 8, 2021 Direct F5
transaction MNR MNR Common Stock Options Exercise $674K +65K +6.05% $10.37 1.14M Dec 8, 2021 Direct
transaction MNR MNR Common Stock Tax liability -$1.16M -55.4K -4.9% $20.94 1.08M Dec 8, 2021 Direct F4
transaction MNR MNR Common Stock Options Exercise $978K +65K +6.1% $15.04 1.13M Dec 8, 2021 Direct
transaction MNR MNR Common Stock Tax liability -$1.25M -59.9K -5.32% $20.94 1.07M Dec 8, 2021 Direct F3
transaction MNR MNR Common Stock Options Exercise $1.16M +65K +6.13% $17.80 1.13M Dec 8, 2021 Direct
transaction MNR MNR Common Stock Tax liability -$1.08M -51.8K -4.66% $20.94 1.06M Dec 8, 2021 Direct F2
transaction MNR MNR Common Stock Options Exercise $836K +65K +6.21% $12.86 1.11M Dec 8, 2021 Direct
transaction MNR MNR Common Stock Tax liability -$1.14M -54.6K -4.95% $20.94 1.05M Dec 8, 2021 Direct F1
transaction MNR MNR Common Stock Options Exercise $946K +65K +6.27% $14.55 1.1M Dec 8, 2021 Direct
holding MNR MNR Common Stock 194K Dec 8, 2021 Eugene W. Landy and Gloria Landy Family Foundation
holding MNR MNR Common Stock 43.7K Dec 8, 2021 Juniper Plaza Associates
holding MNR MNR Common Stock 32.9K Dec 8, 2021 Windsor Industrial Park Associates
holding MNR MNR Common Stock 97.9K Dec 8, 2021 Spouse
holding MNR MNR Common Stock 13K Dec 8, 2021 Landy Investments, Ltd.
holding MNR MNR Common Stock 168K Dec 8, 2021 Landy & Landy Employees' Pension Plan
holding MNR MNR Common Stock 201K Dec 8, 2021 Landy & Landy Employees' Profit Sharing Plan

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 MNR Stock Option to Purchase Common Stock Options Exercise $0 -65K -100% $0.00* 0 Dec 8, 2021 MNR Common Stock 65K $14.55 Direct F7
transaction MNR Stock Option to Purchase Common Stock Options Exercise $0 -65K -100% $0.00* 0 Dec 8, 2021 MNR Common Stock 65K $12.86 Direct F7
transaction MNR Qualified Stock Option to Purchase Common Stock Options Exercise $0 -65K -100% $0.00* 0 Dec 8, 2021 MNR Common Stock 65K $17.80 Direct F7
transaction MNR Qualified Stock Option to Purchase MNR Common Stock Options Exercise $0 -65K -100% $0.00* 0 Dec 8, 2021 MNR Common Stock 65K $15.04 Direct F7
transaction MNR Qualified Stock Option to Purchase MNR Common Stock Options Exercise $0 -65K -100% $0.00* 0 Dec 8, 2021 MNR Common Stock 65K $10.37 Direct F7
transaction MNR Qualified Stock Option to Purchase MNR Common Stock Options Exercise $0 -65K -100% $0.00* 0 Dec 8, 2021 MNR Common Stock 65K $11.16 Direct F7
holding MNR Stock Option to Purchase Common Stock 65K Dec 8, 2021 MNR Common Stock 65K $18.89 Direct
holding MNR Stock Option to Purchase Common Stock 65K Dec 8, 2021 MNR Common Stock 65K $16.46 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding stock options. The reporting person received 10,443 shares of common stock on net exercise of option to purchase 65,000 shares of common stock. The Company withheld 54,557 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 7, 2021 of $20.94, pursuant to the terms of the 2007 Stock Option Plan.
F2 Represents a "net exercise" of outstanding stock options. The reporting person received 13,205 shares of common stock on net exercise of option to purchase 65,000 shares of common stock. The Company withheld 51,795 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 7, 2021 of $20.94, pursuant to the terms of the 2007 Stock Option Plan.
F3 Represents a "net exercise" of outstanding stock options. The reporting person received 5,132 shares of common stock on net exercise of option to purchase 65,000 shares of common stock. The Company withheld 59,868 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 7, 2021 of $20.94, pursuant to the terms of the 2007 Stock Option Plan.
F4 Represents a "net exercise" of outstanding stock options. The reporting person received 9,642 shares of common stock on net exercise of option to purchase 65,000 shares of common stock. The Company withheld 55,358 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 7, 2021 of $20.94, pursuant to the terms of the 2007 Stock Option Plan.
F5 Represents a "net exercise" of outstanding stock options. The reporting person received 17,275 shares of common stock on net exercise of option to purchase 65,000 shares of common stock. The Company withheld 47,725 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 7, 2021 of $20.94, pursuant to the terms of the 2007 Stock Option Plan.
F6 Represents a "net exercise" of outstanding stock options. The reporting person received 15,984 shares of common stock on net exercise of option to purchase 65,000 shares of common stock. The Company withheld 49,016 shares of common stock underlying the option for payment of the exercise price and tax withholdings, using the closing stock price on December 7, 2021 of $20.94, pursuant to the terms of the 2007 Stock Option Plan.
F7 Exercise of Stock Options.