8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 OR 15(d) of The

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 15, 2021

LXP INDUSTRIAL TRUST

(Exact name of registrant as specified in its charter)

Maryland	1-12386	13-3717318
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

One Penn Plaza, Suite 4015, New York, New York 10119-4015

(Address of principal executive offices) (Zip Code)

(212) 692-7200

(Registrant’s telephone number, including area code)

LEXINGTON REALTY TRUST

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Shares of beneficial interest, par value $0.0001 per share, classified as Common Stock	LXP	New York Stock Exchange
6.50% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share	LXPPRC	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.03.    Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On December 15, 2021, LXP Industrial Trust (the “Trust”) changed its name from “Lexington Realty Trust” to “LXP Industrial Trust” (the “Name Change”), pursuant to the Articles of Amendment to the Amended and Restated Declaration of Trust of the Trust (the “Articles of Amendment”), which were filed with the State Department of Assessments and Taxation of Maryland, and became effective, on December 15, 2021.

Shares of beneficial interest, par value $0.0001 per share, classified as Common Stock, and 6.50% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share, each of the Trust, will continue to trade on the New York Stock Exchange under the ticker symbols “LXP” and “LXPPRC”, respectively. The Name Change does not affect the rights of the Trust’s security holders. Outstanding stock certificates of the Trust are not affected by the name change; they continue to be valid and need not be exchanged.

A copy of the Articles of Amendment is filed as Exhibit 3.1 with this Current Report on Form 8-K and is incorporated herein by reference.

Item 7.01.    Regulation FD Disclosure

On December 15, 2021, the Trust issued a press release announcing the Name Change. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 9.01.    Financial Statements and Exhibits.

(d)	Exhibits
3.1	Articles of Amendment
99.1	Press Release issued December 15, 2021
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: December 16, 2021	Lexington Realty Trust
	By:	/s/ Beth Boulerice
		Beth Boulerice
		Chief Financial Officer

EX-3.1

Exhibit 3.1

LEXINGTON REALTY TRUST

ARTICLES OF AMENDMENT

THIS IS TO CERTIFY THAT:

FIRST: The Amended and Restated Declaration of Trust of Lexington Realty Trust, a Maryland real estate investment trust (the “Trust”), is hereby amended by changing the name of the Trust from Lexington Realty Trust to LXP Industrial Trust by deleting existing Article SECOND in its entirety and substituting in lieu thereof a new article to read as follows:

SECOND: The name of the trust is “LXP Industrial Trust” and, so far as may be practicable, the Trustees shall conduct the Trust’s activities, execute all documents and sue or be sued under that name, which name (and the word “Trust” where used in this Declaration of Trust), except where the context otherwise requires, shall refer to the Trustees collectively but not individually or personally nor to the officers, agents, employees or shareholders of the Trust or of such Trustees. Under circumstances in which the Trustees determine the use of such name is not practicable or under circumstances in which the Trustees are contractually bound to change that name, they may use such other designation or they may adopt another name under which the Trust may hold property or conduct its activities.

SECOND: The amendment to the Declaration of Trust of the Trust as set forth above has been duly approved by at least a majority of the entire Board of Trustees as required by law. The amendment set forth herein is made without action by the shareholders of the Trust, pursuant to Section 8-501(e)(2) of the Maryland REIT Law.

THIRD: These Articles of Amendment shall become effective December 15, 2021.

FOURTH: The undersigned acknowledges these Articles of Amendment to be the trust act of the Trust and as to all matters or facts required to be verified under oath, the undersigned acknowledges that to the best of his or her knowledge, information and belief, these matters and facts are true in all material respects and that this statement is made under the penalties for perjury.

-signature page follows-

IN WITNESS WHEREOF, the Trust has caused these Articles of Amendment to be signed in its name and on its behalf by its President and attested to by its Secretary on this 14th day of December, 2021.

ATTEST:		LEXINGTON REALTY TRUST
/s/ Joseph S. Bonventre		By:	/s/ T. Wilson Eglin		(SEAL)
Name:	Joseph S. Bonventre		Name:	T. Wilson Eglin
Title:	Secretary		Title:	President

EX-99.1

Exhibit 99.1 

Lexington Realty Trust Rebrands and Changes Name

to LXP Industrial Trust

 

Highlights Successful Transformation to Industrial Focused Portfolio and Growth Strategy

New York – December 15, 2021 – Lexington Realty Trust (NYSE: LXP) (“LXP” or “the Company”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced a corporate rebranding and name change to LXP Industrial Trust. In connection with the rebranding, LXP also unveiled a new logo and launched a new website at www.lxp.com.

LXP’s new name and logo reflect its focus on industrial real estate investments as the Company completes its transition from a diversified net-lease REIT into a primarily single-tenant industrial REIT focused on high-quality warehouse and distribution assets in key U.S. logistics markets.

T. Wilson Eglin, LXP’s Chairman and Chief Executive Officer, commented, “We are excited to launch our new corporate rebranding, which more accurately reflects LXP’s portfolio focus and growth strategy. The rebranding is an important milestone in the evolution of LXP and underscores our success in transforming the company from a diversified net-lease REIT to a primarily single-tenant industrial REIT.”

LXP will continue to trade under its ticker symbol “LXP.” The name change will take effect with the New York Stock Exchange in 10 days.

ABOUT LXP INDUSTRIAL TRUST

LXP Industrial Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States. LXP seeks to expand its industrial portfolio through acquisitions, development projects, and build-to-suit and sale/leaseback transactions For more information or to follow LXP on social media, visit www.lxp.com.

Contact:

Investor or Media Inquiries for LXP Industrial Trust:

Heather Gentry, Senior Vice President, Investor Relations

LXP Industrial Trust

Phone: (212) 692-7200

E-mail: hgentry@lxp.com

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Cover	Dec. 15, 2021
Document Type	8-K
Amendment Flag	false
Document Period End Date	Dec. 15, 2021
Current Fiscal Year End Date	--12-31
Entity File Number	1-12386
Entity Registrant Name	LXP INDUSTRIAL TRUST
Entity Central Index Key	0000910108
Entity Tax Identification Number	13-3717318
Entity Incorporation, State or Country Code	MD
Entity Address, Address Line One	One Penn Plaza, Suite 4015
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10119-4015
City Area Code	(212)
Local Phone Number	692-7200
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Information, Former Legal or Registered Name	LEXINGTON REALTY TRUST
Shares of beneficial interest, par value $0.0001 per share, classified as Common Stock
Title of 12(b) Security	Shares of beneficial interest, par value $0.0001 per share, classified as Common Stock
Trading Symbol	LXP
Security Exchange Name	NYSE
6.50% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share
Title of 12(b) Security	6.50% Series C Cumulative Convertible Preferred Stock, par value $0.0001 per share
Trading Symbol	LXPPRC
Security Exchange Name	NYSE