0001670779-24-000005.txt : 20240208
0001670779-24-000005.hdr.sgml : 20240208
20240208191259
ACCESSION NUMBER: 0001670779-24-000005
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240206
FILED AS OF DATE: 20240208
DATE AS OF CHANGE: 20240208
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lanzer David E.
CENTRAL INDEX KEY: 0001670779
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36008
FILM NUMBER: 24610737
MAIL ADDRESS:
STREET 1: 11620 WILSHIRE BLVD
STREET 2: SUITE 1000
CITY: LOS ANGELES
STATE: CA
ZIP: 90025
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Rexford Industrial Realty, Inc.
CENTRAL INDEX KEY: 0001571283
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 462024407
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 11620 WILSHIRE BOULEVARD, SUITE 1000
CITY: LOS ANGELES
STATE: CA
ZIP: 90025
BUSINESS PHONE: 310-966-1680
MAIL ADDRESS:
STREET 1: 11620 WILSHIRE BOULEVARD, SUITE 1000
CITY: LOS ANGELES
STATE: CA
ZIP: 90025
FORMER COMPANY:
FORMER CONFORMED NAME: Rexford Industrial, Inc.
DATE OF NAME CHANGE: 20130305
4
1
wk-form4_1707437567.xml
FORM 4
X0508
4
2024-02-06
0
0001571283
Rexford Industrial Realty, Inc.
REXR
0001670779
Lanzer David E.
11620 WILSHIRE BLVD., SUITE 1000
LOS ANGELES
CA
90025
0
1
0
0
General Counsel & Secretary
0
Common Stock, par value $0.01
2024-02-06
4
C
0
18113
0
A
18113
D
LTIP Units
2024-02-06
4
M
0
4602
0
D
Common Stock, par value $0.01
4602
33908
D
Operating Partnership Units
2024-02-06
4
M
0
4602
0
A
Common Stock, par value $0.01
4602
4602
D
Performance Units
2024-02-06
4
M
0
13511
0
D
Common Stock, par value $0.01
13511
34188
D
Operating Partnership Units
2024-02-06
4
M
0
13511
0
A
Common Stock, par value $0.01
13511
18113
D
Operating Partnership Units
2024-02-06
4
C
0
18113
0
D
Common Stock, par value $0.01
18113
0
D
Represents common units of limited partnership interest ("OP Units") of Rexford Industrial Realty, L.P. (the "Operating Partnership") tendered by the Reporting Person for redemption and exchange into common stock of the Issuer in accordance with the Operating Partnership's partnership agreement.
Represents LTIP Units, a class of limited partnership units in the Operating Partnership, issued as long term incentive compensation subject to time-based vesting pursuant to the Second Amended and Restated Rexford Industrial Realty, Inc. and Rexford Industrial Realty, L.P. 2013 Incentive Award Plan. Initially, the LTIP Units do not have full parity with OP Units with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the LTIP Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested LTIP Units may be converted into an equal number of OP Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership. The 4,602 LTIP Units referred to herein have vested and reached such parity.
Reflects the conversion of 4,602 vested LTIP Units into 4,602 OP Units.
n/a
Represents OP Units in the Operating Partnership. The Issuer is the general partner of the Operating Partnership. OP Units are redeemable for cash equal to the then-current market value of one share of common stock, or at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis.
Performance Units are a class of limited partnership units in Operating Partnership. Initially, the Performance Units do not have full parity with OP Units with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the Performance Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested Performance Units may be converted into an equal number of OP Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership. OP Units are redeemable by the holder for an equivalent number of shares of the Issuer's common stock or for the cash value of such shares, at the Issuer's election. The 13,511 Performance Units referred to herein have vested and reached such parity.
Reflects the conversion of 13,511 vested Performance Units into 13,511 OP Units.
/s/ David E. Lanzer
2024-02-08