Group of Trophy, LLC - 12 Jun 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
Issuer symbol: MDV
Transactions as of: 12 Jun 2022
Net transactions value: $0
Form type: 3
Filing time: 21 Jun 2022, 19:30:54 UTC
Next filing: 21 Feb 2024
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
holding	MDV	Units of Class C Limited Partnership Interest							12 Jun 2022	COMMON STOCK, CLASS C	1,312,382		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.