| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | -- | Common Stock | 2.62M | Feb 28, 2023 | By LLC | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | -- | LTIP Units | Award | $0 | +67.8K | $0.00 | 67.8K | Feb 28, 2023 | Common Stock | 67.8K | Direct | F2, F3 | ||
| transaction | -- | LTIP Units | Award | $0 | +13.6K | $0.00 | 13.6K | Feb 28, 2023 | Common Stock | 13.6K | Direct | F2, F4 |
| Id | Content |
|---|---|
| F1 | Owned by a limited liability company in which the Reporting Person is a manager and indirect owner. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein. |
| F2 | Represents units of limited partnership interest ("LTIP Units") in Mobile Infrastructure Operating Partnership, L.P. (the "Operating Partnership"), the operating partnership of the Issuer. This grant was awarded in connection with the payment of annual executive compensation for the Reporting Person's annual bonus and equity award, pursuant to an LTIP Unit Agreement. When vested, each LTIP Unit is convertible at the option of the holder into a common unit of limited partnership interest in the Operating Partnership. Each common unit acquired upon the conversion of an LTIP Unit is redeemable by the holder for shares of common stock of the Issuer on a one-for-one basis. The Issuer may elect, at its option, to pay cash in lieu of issuing shares of common stock for all or any redeemed OP Units. |
| F3 | These LTIP Units vest in three equal installments vesting on each of the next three anniversaries of the grant date, subject to the terms and provisions of the LTIP Unit Agreement. |
| F4 | These LTIP Units are fully vested. |