John Connor Raney - 28 Mar 2024 Form 4 Insider Report for Modiv Industrial, Inc. (MDV)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Apr 2024, 13:57:41 UTC
Prior SEC filing
08 Mar 2024
Next SEC filing
05 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John C. Raney

Key filing fact

John Connor Raney filed Form 4 for Modiv Industrial, Inc. (MDV) on 01 Apr 2024.

Key facts

  • This page summarizes John Connor Raney's Form 4 filing for Modiv Industrial, Inc. (MDV).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 01 Apr 2024, 13:57.

Change

  • Previous filing in this sequence was filed on 08 Mar 2024.
  • 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 derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MDV transaction Derivative

Class R OP Units

Options Exercise

Transaction value
Shares
-25,333
Change %
-100%
Price
Shares after
0
Date
28 Mar 2024
Ownership
Direct
Underlying class
COMMON STOCK, CLASS C
Underlying amount
63,332
Exercise price
Footnotes
F1
MDV transaction Derivative

Class C OP Units

Options Exercise

Transaction value
Shares
+63,332
Change %
Price
Shares after
63,332
Date
28 Mar 2024
Ownership
Direct
Underlying class
COMMON STOCK, CLASS C
Underlying amount
63,332
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

There is no expiration date in connection with the 25,333 Class R OP Units ("Class R OP Units") of Modiv Operating Partnership, LP (the "Partnership"), issued to the reporting person; however, the Class R OP Units automatically and mandatorily converted into Class C OP Units of the Partnership ("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.

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