Group of Trophy, LLC - Jun 12, 2022 Form 3 Insider Report for MODIV INC. (MDV)

Role: 10%+ Owner
Signature: /s/ John Raney, by Power of Attorney for Group of Trophy, LLC, Nasser Watar, Manager
Stock symbol: MDV
Transactions as of: Jun 12, 2022
Transactions value $: $0
Form type: 3
Date filed: 6/21/2022, 07:30 PM
Next filing: Feb 21, 2024

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	MDV	Units of Class C Limited Partnership Interest							Jun 12, 2022	COMMON STOCK, CLASS C	1.31M		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Units of Class C Limited Partnership Interest of Modiv Operating Partnership, LP are convertible into the issuer's Class C Common Stock on a 1:1 basis after 8/11/2022, at the holder's election, and have no expiration date.