Key facts
- This page summarizes Raymond J. Pacini's Form 4 filing for Modiv Industrial, Inc. (MDV).
- 6 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 01 Apr 2024, 13:57.
Raymond J. Pacini - 28 Mar 2024 Form 4 Insider Report for Modiv Industrial, Inc. (MDV)
- SEC form
- 4
- Accepted by SEC
- 01 Apr 2024, 13:57:30 UTC
- Prior SEC filing
- 18 Dec 2023
- Next SEC filing
- 05 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ John Raney, by Power of Attorney for Raymond Pacini
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Raymond J. Pacini filed Form 4 for Modiv Industrial, Inc. (MDV) on 01 Apr 2024.
Change
- Previous filing in this sequence was filed on 18 Dec 2023.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MDV
transaction
COMMON STOCK, CLASS C
Conversion of derivative security
- Transaction value
- Shares
- +110,048
- Change %
- +1989%
- Price
- Shares after
- 115,580
- Date
- 28 Mar 2024
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MDV
transaction
Derivative
Class P OP Units
Options Exercise
- Transaction value
- Shares
- -16,029
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 28 Mar 2024
- Ownership
- Direct
- Underlying class
- COMMON STOCK, CLASS C
- Underlying amount
- 26,715
- Exercise price
- Footnotes
- F1
MDV
transaction
Derivative
Class R OP Units
Options Exercise
- Transaction value
- Shares
- -33,333
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 28 Mar 2024
- Ownership
- Direct
- Underlying class
- COMMON STOCK, CLASS C
- Underlying amount
- 83,332
- Exercise price
- Footnotes
- F2
MDV
transaction
Derivative
Class C OP Units
Options Exercise
- Transaction value
- Shares
- +26,715
- Change %
- Price
- Shares after
- 26,715
- Date
- 28 Mar 2024
- Ownership
- Direct
- Underlying class
- COMMON STOCK, CLASS C
- Underlying amount
- 26,715
- Exercise price
- Footnotes
- F1
MDV
transaction
Derivative
Class C OP Units
Options Exercise
- Transaction value
- Shares
- +83,332
- Change %
- +312%
- Price
- Shares after
- 110,048
- Date
- 28 Mar 2024
- Ownership
- Direct
- Underlying class
- COMMON STOCK, CLASS C
- Underlying amount
- 83,332
- Exercise price
- Footnotes
- F2
MDV
transaction
Derivative
Class C OP Units
Conversion of derivative security
- Transaction value
- Shares
- -110,048
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 28 Mar 2024
- Ownership
- Direct
- Underlying class
- COMMON STOCK, CLASS C
- Underlying amount
- 110,048
- Exercise price
- 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 2 footnotes
Footnote 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.
Footnote 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.