0001645873-24-000034.txt : 20240308 0001645873-24-000034.hdr.sgml : 20240308 20240308150419 ACCESSION NUMBER: 0001645873-24-000034 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240301 FILED AS OF DATE: 20240308 DATE AS OF CHANGE: 20240308 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Raney John Connor CENTRAL INDEX KEY: 0001848952 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40814 FILM NUMBER: 24733900 MAIL ADDRESS: STREET 1: 120 NEWPORT CENTER DRIVE CITY: NEWPORT BEACH STATE: CA ZIP: 92660 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 3 1 wk-form3_1709928249.xml FORM 3 X0206 3 2024-03-01 0 0001645873 Modiv Industrial, Inc. MDV 0001848952 Raney John Connor 200 S. VIRGINIA STREET SUITE 800 RENO NV 89501 0 1 0 0 COO and General Counsel COMMON STOCK, CLASS C 2170 D Series A Cumulative Redeemable Perpetual Preferred Stock 400 D Class R OP Units COMMON STOCK, CLASS C 63332.5 D There is no expiration date in connection with the 25,333 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 C. Raney 2024-03-08