0001645873-24-000033.txt : 20240308
0001645873-24-000033.hdr.sgml : 20240308
20240308150407
ACCESSION NUMBER: 0001645873-24-000033
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20210125
FILED AS OF DATE: 20240308
DATE AS OF CHANGE: 20240308
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCIUTTO SANDRA G
CENTRAL INDEX KEY: 0001293262
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40814
FILM NUMBER: 24733899
MAIL ADDRESS:
STREET 1: 6 EXECUTIVE CIRCLE, SUITE 250
CITY: IRVINE
STATE: CA
ZIP: 92614
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Modiv Industrial, Inc.
CENTRAL INDEX KEY: 0001645873
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 474156046
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 200 S. VIRGINIA STREET, SUITE 800
CITY: RENO
STATE: NV
ZIP: 89501
BUSINESS PHONE: 888-686-6348
MAIL ADDRESS:
STREET 1: 200 S. VIRGINIA STREET, SUITE 800
CITY: RENO
STATE: NV
ZIP: 89501
FORMER COMPANY:
FORMER CONFORMED NAME: MODIV INC.
DATE OF NAME CHANGE: 20210120
FORMER COMPANY:
FORMER CONFORMED NAME: RW HOLDINGS NNN REIT, INC.
DATE OF NAME CHANGE: 20170814
FORMER COMPANY:
FORMER CONFORMED NAME: Rich Uncles NNN REIT, Inc.
DATE OF NAME CHANGE: 20151209
4
1
wk-form4_1709928236.xml
FORM 4
X0508
4
2021-01-25
0
0001645873
Modiv Industrial, Inc.
MDV
0001293262
SCIUTTO SANDRA G
200 S. VIRGINIA STREET
SUITE 800
RENO
NV
89501
0
1
0
0
CAO
0
Class R OP Units
0
2021-01-25
4
A
0
31667.5
0
A
2024-03-31
COMMON STOCK, CLASS C
31667.5
31667.5
D
There is no expiration date in connection with the 12,667 Class R Units ("Class R Units") of Modiv Operating Partnership, LP (the "Partnership"), issued to the reporting person; however, the Class R Units are automatically and mandatorily converted into Class C Units of the Partnership ("Class C Units") on March 31, 2024 on a 2.5:1 basis. The Class C 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.
/s/ John Raney, by Power of Attorney for Sandra G. Sciutto
2024-03-08
EX-24
2
poasandrasciutto.txt
EX-24
MODIV INDUSTRIAL INC.
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby constitutes and
appoints each of Ray Pacini, John Raney, Reginald Salanga and Lamont Dumas,
the undersigned's true and lawful attorney-in-fact to:
(1) prepare, execute in the undersigned's name and on the undersigned's
behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a
Form ID, including amendments thereto, and any other documents necessary or
appropriate to obtain codes and passwords enabling the undersigned to make
electronic filings with the SEC of reports required by Section 16(a) of the
Securities and Exchange Act of 1934 or any rule or regulations of the SEC;
(2) execute for and on behalf of the undersigned, in the undersigned's
capacity as an officer and/or director of Modiv Industrial Inc.
(the "Company"), Forms 3, 4, and 5, and amendments thereto, in accordance
with Section 16(a) of the Securities Exchange Act of 1934 and the rules
thereunder, and any other forms or reports the undersigned may be required to
file in connection with the undersigned's ownership, acquisition, or
disposition of securities of the Company;
(3) do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Form ID and Form
3, 4, or 5, or other form or report, or amendment thereto, and timely file such
form with the SEC and any stock exchange, self-regulatory association or
similar authority; and
(4) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of
the undersigned pursuant to this Power of Attorney shall be in such form and
shall contain such terms and conditions as such attorney-in-fact may approve in
such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such attorney-in-fact, or
such attorney-in-fact's substitute or substitutes, shall lawfully do or cause
to be done by virtue of this power of attorney and the rights and powers herein
granted.
The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not assuming,
nor is the Company assuming, any of the undersigned's responsibilities to
comply with Section 16 of the Securities Exchange Act of 1934.
The validity of this Power of Attorney shall not be affected in any manner
by reason of the execution, at any time, of other powers of attorney by the
undersigned in favor of persons other than those named herein.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.
This Power of Attorney may be filed with the SEC as a confirming statement
of the authority granted herein.
IN WITNESS WHEREOF, I have hereunto set my hand this 5th day of March, 2024.
/s/ SANDRA G. SCIUTTO
Name: SANDRA G. SCIUTTO