Matthew I. Hirsch - 25 Feb 2022 Form 4 Insider Report for MONMOUTH REAL ESTATE INVESTMENT CORP

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
25 Feb 2022, 16:14:40 UTC
Prior SEC filing
14 Jan 2022
Next SEC filing
25 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Becky Coleridge

Key filing fact

Matthew I. Hirsch filed Form 4 for MONMOUTH REAL ESTATE INVESTMENT CORP on 25 Feb 2022.

Key facts

  • This page summarizes Matthew I. Hirsch's Form 4 filing for MONMOUTH REAL ESTATE INVESTMENT CORP.
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 25 Feb 2022, 16:14.

Change

  • Previous filing in this sequence was filed on 14 Jan 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MNR transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-76,728
Change %
-100%
Price
Shares after
0
Date
25 Feb 2022
Ownership
Direct
Footnotes
F1, F2, F3
MNR transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-3,441
Change %
-100%
Price
Shares after
0
Date
25 Feb 2022
Ownership
Held By Spouse
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

On February 25, 2022, pursuant to the Agreement and Plan of Merger, dated as of November 5, 2021 and as amended on February 7, 2022 (the "Merger Agreement"), by and among Monmouth Real Estate Investment Corporation ("Monmouth"), Industrial Logistics Properties Trust ("ILPT"), and Maple Delaware Merger Sub LLC ("Merger Sub"), Monmouth merged with and into Merger Sub (the "Merger"), with Merger Sub surviving as a wholly owned subsidiary of ILPT.

Footnote F2

At the effective time of the Merger (the "Effective Time"), each share of common stock, par value $0.01 per share, of Monmouth that was issued and outstanding immediately prior to the Effective Time (other than shares owned by Monmouth, ILPT or Merger Sub) was automatically converted into the right to receive $21.00 per share in cash (the "Common Stock Consideration"), without interest and subject to applicable withholding tax.

Footnote F3

At the Effective Time, each Monmouth restricted stock award outstanding immediately prior to the Effective Time, whether vested or unvested, became fully vested and was converted into the right to receive the Common Stock Consideration.

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