Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MDV | COMMON STOCK, CLASS C | Conversion of derivative security | +110K | +1988.93% | 116K | Mar 28, 2024 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MDV | Class P OP Units | Options Exercise | -16K | -100% | 0 | Mar 28, 2024 | COMMON STOCK, CLASS C | 26.7K | Direct | F1 | |||
transaction | MDV | Class R OP Units | Options Exercise | -33.3K | -100% | 0 | Mar 28, 2024 | COMMON STOCK, CLASS C | 83.3K | Direct | F2 | |||
transaction | MDV | Class C OP Units | Options Exercise | +26.7K | 26.7K | Mar 28, 2024 | COMMON STOCK, CLASS C | 26.7K | Direct | F1 | ||||
transaction | MDV | Class C OP Units | Options Exercise | +83.3K | +311.93% | 110K | Mar 28, 2024 | COMMON STOCK, CLASS C | 83.3K | Direct | F2 | |||
transaction | MDV | Class C OP Units | Conversion of derivative security | -110K | -100% | 0 | Mar 28, 2024 | COMMON STOCK, CLASS C | 110K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | There is no expiration date in connection with the 16,029 Class P OP Units ("Class P OP Units") of Modiv Operating Partnership, LP (the "Partnership") issued to the reporting person; however, the Class P OP Units automatically and mandatorily converted into Class C OP Units of the Partnership ("Class C OP Units") on March 28, 2024 on a 1.66667:1 basis. The Class C OP Units are redeemable for cash or, at the issuer's option, exchangeable for shares of the issuer's Class C Common Stock on a 1:1 basis, and have no expiration. |
F2 | There is no expiration date in connection with the 33,333 Class R OP Units ("Class R OP Units") of the Partnership, issued to the reporting person; however, the Class R OP Units automatically and mandatorily converted into Class C OP Units on March 28, 2024 on a 2.5:1 basis. The Class C OP Units are redeemable for cash or, at the issuer's option, exchangeable for shares of the issuer's Class C Common Stock on a 1:1 basis, and have no expiration. |